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Re: SanDguy post# 1179

Wednesday, 03/13/2013 2:25:14 PM

Wednesday, March 13, 2013 2:25:14 PM

Post# of 1223
I will try to upload the court documents
the point I was making that since the Hand shareholders were locked up at July 12, 2010, any price decline after that cannot be their fault. The price was $.10 per share at that time. It later went up to $.41 per share, based on a promotion Ed ran. Then all the people who got consulting shares sold it down to a penny. There were about 60 million of those shares.
The price running up to $.41 reset the clock and wiped out any damages Ed or other shareholders might have. Also, since the company never attained any real sales, and has no assets, Hand would argue that the stock really is worth only a penny or even less. In other words, the price decline was not because people sold.It was because the company was not worth very much.

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