Active Health Foods Inc (AHFD)

[nutz4pinks]

I think the filing the CEO sent on offering the shares must be examined and approved first, then the offer becomes available on the exchange. I'm not sure if that approval process is days or weeks or even longer. Someone else here may know more on that.

Then I doubt we will see 1 order for 10 B at 0.0015. More likely, he will send in smaller orders, and probably GTC type so that his order has priority on the book (day orders expire at end of day, so a GTC will have priority if other orders come in next day at 15). There would always be some offered at 15- but only after the approval of his request goes through. It's going to take quite awhile for him to move 10 B shares, and possibly he will never get them all sold. I think effectively this will move the O/S from 7.9 B to 17.9 B if all those shares sell.

Since he has 10 B to move at 15, I cannot realistically see the stock going above that until all those shares are moved. So why buy now at 16, 17, 18 or higher when the price will be 15 when the approval goes through?