Friday, December 01, 2006 11:54:50 AM
From what I have learned in the last 5 yrs. of daily participation in the Markets, is a company will get the money for the INITIAL shares that they Sell into the Market.
BUT, once those intial shares are resold to someone else by the original buyer, the money for those shares goes to the seller NOT the company who initially issued the shares into the market.
In other words... the company does not get paid over and over again for the same shares, everytime they are sold.
NOW... think about what happens IF Naked Short or Counterfeit Shares are Sold into the Market by someone!!!
SLJB (or their legal council) may be guilty of delaying the AF's, some possible bad business decisions, etc., but they DID NOT take your money!
We should be directing our anger at whoever orchestrated the raid on Nov. 15/16, causing the price to drop from .09 to .01 within minuits!
Thats' who took your money!
Personally, I think that the SEC, the RCMP, the FBI, etc., will see this is what really happened, and concentrate their investigation accordingly... at least in a perfect World anyway! LOL!
John Good
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