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Re: FloatCleaver post# 32922

Tuesday, 11/25/2014 11:04:15 PM

Tuesday, November 25, 2014 11:04:15 PM

Post# of 43778
It helps to research the relevant rules and procedures from time to time. Let's say David still has 500M shares that is set to go live in Feb, the SEC rule for affiliates has a formula that prohibits a massive dump not to mention having to ensure there is even an market appetite. If I ran the numbers based on the current formula that the SEC has, it would take him 10 years to sell all 500M assuming the volume stayed static. Hence the reason I'm not concerned in the slightest as the O/S and I did call the TA today and A/S stayed the same. 4.9B. $SLNX..time to rock and roll.