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Re: Nethawk2003 post# 7205

Monday, 05/22/2006 11:31:21 AM

Monday, May 22, 2006 11:31:21 AM

Post# of 37776
Nite most likely has some shares still left to sell for whatever group purchased the last batch that the company released in early May. The main questions should be, just exactly how many more shares were put out on the market at that time, and what price were they released at? I don't believe any selling that we see now is coming from profit takers or short sellers.According to posts on this board there should be a maximum of 2 bil. shares outstanding, and no more coming! If we could get a read on the last share offering, then perhaps we can all get a better idea on roughly just how many might still be left to be sold. As far as some much needed press releases go, everyone that owns shares in this company wants them out as soon as possible.However, the company might be monitoring the activity in these released shares, and I'm sure that they will release news when they deem it appropriate.The action in this stock, especially this morning is real encouraging. It seems to bejust be a matter of time before it has a real good run. Regards, Florida