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Friday, January 05, 2007 6:06:42 PM
Thanks!
Eagle1,
P.S. Can you expand moreso on this "That equates to a restricted 1% 90 day sell ceiling of ~300K shares for pernia"
Hipster911 wrote:
Hmmm... I don't believe the volume is related to trades by anyone from the private placement or internal to ExoBox. For that to happen, we would see their conversions from preferred shares reflected in the common shares outstanding, which has not changed, other than the single conversion by pernia, that is all. That equates to a restricted 1% 90 day sell ceiling of ~300K shares for pernia -which added to the previous float would have been insignificant ( staying around ~11Mil ). And this is assuming pernia has even sold any shares. IMHO, this looks like simple MM crap to me.
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