Valentine Beauty Inc. (VLBI)

[The Virtual Cat]

Not sure if it's good or bad or neutral, but I'd lean toward neutral.

Some quick DD indicates MJMM Investments held 24,000,000 before the 1 for 300 reverse split so they should have ended up holding 80,000 afterwards or 7% of the O/S. This Form 144 is for 11,401 shares which is almost exactly 1% of the O/S so MJMM still hold 6%. Of course, they may be limited as to how many they can sell per month and will just continue to file 144's as allowed until they're completely out. I think at this point it's just something we should keep an eye on, but I'm not too worried.

GLTA