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Re: None

Wednesday, 10/08/2003 4:50:29 PM

Wednesday, October 08, 2003 4:50:29 PM

Post# of 7045
re MXDY.....ARRRAGH!.......
As a result of the earlier post I made for the S8 filing, two form 4 filings were just made.
The Chief Technical Officer just acquired 800K shares in lieu of wages. This doubles his currant holdings.
The CEO just acquired 2M shares in lieu of wages which increased his holdings by 25%

The Problem, IMO, is that I expect to see those shares dumped.
They could suprise me, but unless they are independently wealthy and are working for free, they will need the cash from those shares to live on.

Without rechecking, I believe there were two or three more employees who were to receive shares in lieu of wages and I expect to see form 4's filed for them anytime.

"Aim low Sheriff...They're ride'n snakes"
as usual...JMHO..SMD

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