I had noticed the large sells for Madalay Industries but hadn't looked into the company. Its interesting to learn of the Taboada connection back to that company. The shares Madalay filed to sell were issued by Globetel for "services." http://sec.edgar-online.com/2005/02/03/0001144204-05-003211/Section35.asp. I wonder what kind of services Madalay provides for their those amounts that were paid in stock. There's a period of time when Globetel issued fistfulls of Globetel stock between Mandalay (services Taboada) and Fordham Financial (brokerage fees Taboada). They are also cranking them out for King (ISG Jet).
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