mPhase Technologies Inc (XDSL)

[NoMoDo]

Insiders need to report any transactions. None are being reported.

As for the R/S, I personally would never buy a stock before a R/S, except in conjunction with a reverse merger. There are real reasons to buy before a RM because it is a different company simply buying a shell. The valuation is 100% based on the new company - so an r/s would be a healthy thing.

The new company's goal would be to eventually raise the value of the shares to over a buck and to have the number of shares range from maybe 75 mil shares to 300 mil shares. This would allow for liquidity.

I think we will see the value of old xdsl rise roughly 30% on the conservative end before the R/S - share exchange. There was a Chinese car company that RM'd. They were trading at .0001 and were basically a shell. The stock went to .12 before the R/S. They are now trading at .58.

As for the tracking new shares coming to market, not possible with XDSL as they have managed to use all their issued shares - no more coming to market. Still the short report indicates 66% short a few days ago. So if dilution is no longer a possibility and MM's are not in short supply, why the 66% short?