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old_timer99

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old_timer99

Re: marketbear post# 264796

Sunday, 02/04/2007 2:19:37 PM

Sunday, February 04, 2007 2:19:37 PM

Post# of 279080
What I was saying marketbear was that there are no SEC filings to support any claims of a "buy-back". A buy-back is a recapitalization and falls under Rule 10b. That means TMM, if it still existed, would have to file an 8k disclosing a merger of some sort. That would permit QBID to buy-back shares for recapitalization until the merger was consummated.
And, any selling would fall under rule 144 disclosure.
Other than that, it's illegal for insiders to trade QBID.
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