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Re: Cat_Ottawa post# 20

Saturday, 02/17/2007 7:35:46 PM

Saturday, February 17, 2007 7:35:46 PM

Post# of 84100
It is my understanding that RRLB

Wants to get off the pinks. I think that is managements immediate goal.
Now wouldn't that be a pleasent surprise and really catch the culprits ?
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Ah a new board good idea here's my thoughts on the situation modified from a post I put on another board.

RRLB is going to be a retail short covering which might not happen right away but when it does it will be fast and furious just like QBIT back in August. (Of course this is IF and only IF brokers didn't swap the shares properly) Remember that QBIT's run stopped because CLYP showed up during the last day diluting it to the gutter.

It could be a choppy ride to the covering day. I hope those traders out there who had sold their FS shares see this information and buy some shares cheap on Tuesday.

I emailed the transfer agent asking for the current OS and AS structure and will post it when available.

This is not the same story as AWYB as that was a mistake in a reverse split....some brokers didn't RS the shares and some traders sold all their pre-RS shares. It was a also a retail covering which took weeks for the covering to happen.