That private placement for 1,180,537 shares on Sept. 15, 2006, by the way, was reported at $2 a share. The market on the reported day of sale closed at $3.74. Not a bad deal, I`d say.
(If)they were able to sell those shares after 60 days, they could have easily doubled their money anytime between Nov. 29, and Dec. 20, 2006.
A possible $2 Mil payday for nothing more than holding on to the stock for around 90 days. And not a dime`s worth of product sold. Thank you Integral. Thank you Tobin Smith.
Thin