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Wednesday, October 03, 2007 1:13:38 PM
Maybe not a C-5A but I think most people would be surprised if they knew how much money Mr. Rivera received through his 'efforts' over the past year or so.
Wechoose previously mentioned that Mr. Rivera acquired 80 million shares of LFZA/USSE on the market last year and, if true, I highly doubt that he purchased after his reverse merger announcements which pushed it from virtually nothing to $0.84/share (pre-split). Maybe Wechoose can expand/correct me on that.
CYBR, GRLY, ONYI and ACMG were also very suspicious. Mr. Rivera announced those reverse mergers with a lot of fanfare and those announcements pushed up those shares, only to have them drop back down or stop trading after all of the reverse mergers mysteriously fell apart. I can't prove Mr. Rivera benefited by buying ahead of his announcements but, given the chance, I would bank on that he did.
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