CEO of WorldLogic Corporation, buys $20,000 of shares on December 17, 2013.

FRANKLIN EVANSHEN, CEO of WorldLogic Corporation (Stock Symbol: WLGC), purchased 200,000 shares at $0.10 per share for a total amount of $20,000 on December 17, 2013.
WorldLogic is situated in Vancouver, Canada. On November 27th 2013, WorldLogic, the predictive intelligence technology company that creates solutions for mobiles, tablets and desktops announced that it has been granted by the U.S. Patent and Trademark Office patent #-8,552,984 B2 for their keyboard-based intelligent text prediction technology. According to Capital IQ, WorldLogic has a market cap of $17.4 million, an enterprise value of $17.3 million, and trailing 12 month revenues of $392,000. Wordlogic Corporation, a development stage company, engages in the development and commercialization of data entry software for handheld computing devices. The company develops, markets, licenses, and sells predictive text solutions designed to accelerate the entry and retrieval of text and information for personal computing devices. Its products operate on various devices, such as small handheld mobile devices with touch screen and QWERTY keyboards, desktop computers, tabletPCs, smart phones, PCs, smart TV, media players, automotive navigational systems, and infotainment and game consoles. Wordlogic Corporation is headquartered in Vancouver, Canada. Franklin R. Evanshen’s most recent annual compensation from WorldLogic is a salary of $492,000. Mr. Evanshen is 65 years old. According to his biography, Mr. Franklin R. Evanshen is President, Chief Executive Officer, Director of Wordlogic Corporation. He resigned as President, Chief Executive Officer of the company effective November 30, 2012. Mr. Evanshen has been a venture capitalist and merchant banker for over 25 years and has experience in raising capital for private and public ventures. He received his Bachelor of Arts from Loyola College in Montreal in 1970. All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.