 SulphCo(R) former Chairman and CEO Adopting SEC Rule 10b5-1 Trading Program HOUSTON, Dec. 10 /PRNewswire-FirstCall/ -- SulphCo®, Inc. (the "Company") (Amex: SUF - News) announced today that Dr. Rudolf W. Gunnerman, the Company's former Chairman and CEO, has adopted a stock trading program under Securities and Exchange Commission (SEC) Rule 10b5-1 for the sale of up to 2.5 million shares of Company stock over the next 12 months. Dr. Gunnerman has entered into this program in order to diversify his financial holdings. After selling these shares, Dr. Gunnerman would own approximately 24.9 million shares.
Rule 10b5-1 permits individuals to adopt written plans at a time when they are not in possession of material nonpublic information and to sell shares according to the plan on a regular basis.
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