TheGlobe.com Inc (TGLO)

[jerrybrockman]

Wow ok. If the shares were priced at 50 bucks before they made their 5 percent equity investment, then of course it wouldn’t make sense to scoop up open market shares. But at pre Dec 22 prices you have to be kidding me with, “wouldn’t have to go out and buy...” like it’s so hard to do. Cmon. And who do you think is going to guarantee their stake? Who is that? As a 66 billion dollar company I would say that they are ONE OF the guaranteors in this pending IPO, and they have every right to be issuing shares. THATS HOW IT WORKS. They would have bought the shares to issue them to others since they are in fact among the big backers of this deal. Also your “the price would be a lot higher” comment makes no sense. Why would that make the price higher if it’s not public info? 80 million shares are missing and you have heavy weights like ENB on the board. They didn’t acquire shares to sell, they acquired them to be issued.