InvestorsHub Logo
Followers 0
Posts 54
Boards Moderated 0
Alias Born 03/01/2001

Re: dk76 post# 11233

Sunday, 08/19/2001 3:39:41 PM

Sunday, August 19, 2001 3:39:41 PM

Post# of 15369
DK - SEVU should have filed a Form 8k at the time of the PP and not attemepted to burry the information in the 10Q months later. I don't see how you can reasonably deny that.

Obviously offering stock to select insiders at what we know was at minimum a 50% discount to market value and which resulted in 100% diution to other shareholers was about as material information as material can be.

Also SEVUs BALANCE SHEET (in the 10Q) clearly shows about 35.5 million SEVU shares are now ISSUED. Why deny that?

While the quality of your posts are high, they are biased and it is quite apparent to me that you have some friendship or fondness for RLM.