| Followers | 0 |
| Posts | 2118 |
| Boards Moderated | 0 |
| Alias Born | 06/14/2006 |
Monday, March 19, 2007 7:49:23 PM
sandbath,
I do not recall the promise not to increase the O/S, and it is no longer in the IBOX since it was raped and pilidged, but I believe you.
As far as the O/S... It was 800MM after the 110MM increase.
That is only a 14% increase. If they did increase this and sell them for "company capital expenditures". That is not unheard of.
Where you came up with a 40% increase I don't know.
The float did turn out the same as the O/S...yes...but I did not see anywhere when they came off restriction, and if they could not sell them if they did. I think they may be required to file a 144 form....but maybe not with a pinkie. Don't know.
Did not count all the shares sold, sorry.
I am not saying that your views are wrong, but until further evidence comes forth, I just don't know.
Follow this thought.
If all the restricted shares are now O/S....who's to say that all those trades are not legitimate restricted shares that became unrestricted.
They were boasting a lot more than the 110MM that were increased and sold.
There is a lot more than any of us know or think we know here, IMO.
Just a thought.
Thanks for the kind reply.
I do not recall the promise not to increase the O/S, and it is no longer in the IBOX since it was raped and pilidged, but I believe you.
As far as the O/S... It was 800MM after the 110MM increase.
That is only a 14% increase. If they did increase this and sell them for "company capital expenditures". That is not unheard of.
Where you came up with a 40% increase I don't know.
The float did turn out the same as the O/S...yes...but I did not see anywhere when they came off restriction, and if they could not sell them if they did. I think they may be required to file a 144 form....but maybe not with a pinkie. Don't know.
Did not count all the shares sold, sorry.
I am not saying that your views are wrong, but until further evidence comes forth, I just don't know.
Follow this thought.
If all the restricted shares are now O/S....who's to say that all those trades are not legitimate restricted shares that became unrestricted.
They were boasting a lot more than the 110MM that were increased and sold.
There is a lot more than any of us know or think we know here, IMO.
Just a thought.
Thanks for the kind reply.
*********************************************
My love for my family is the reason I invest.
[chart]thumbp2.mail.re2.yahoo.com/tn?sid=1545711202&mid=AOxu%2fNgAAXx%2bRT0rrQs3Zhr8WoQ&partid=2
