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Re: Foamulator post# 377

Thursday, 02/15/2007 9:15:37 AM

Thursday, February 15, 2007 9:15:37 AM

Post# of 18385
Foam...they are right inasmuch as naked shorting allows MM's to fill buy orders quickly. But the abuse comes when the MM's just become traders and sell shares they "borrowed" and then short mercilessly to beat the price down so they don't ever have to cover or cover at a fraction of what they sold for.The reg. SHO program is supposedly meant to facilitate assurance that they will cover in a timely fashion. The solution in part where we are concerned is for George to get the damned financials audited and filed and get us off the pink sheets and get this company to a place of being respectable and where it is taken seriously. Right now we have nothing in black and white to tell us why we have hope things will improve. I have spent an inordinate amount of time finding out everything I can about HydroFlo and it's products. Even so, at best all I can say is that I know they have good products and there is no reason they should not be able to grow sales.I have no way of knowing IF they have the desire to do it. I am gambling that they do...but I would feel a lot better if there were documents filed with the SEC that I could go to to get a better view of where this is heading. That won't happen until George gets this financial stuff over with.

jc

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