InvestorsHub Logo
Followers 0
Posts 127
Boards Moderated 0
Alias Born 12/21/2006

Re: None

Sunday, 10/21/2007 9:44:15 PM

Sunday, October 21, 2007 9:44:15 PM

Post# of 29782
The company has raised money and completed acquisitions through
shareholder loans (primarily John H. and Lora Beebe), and unsolicited,
private Reg D offering to 11 accredited investors. The bulk of the
accredited investors in the unsolicited Reg D offerings have requested
to receive their shares in restricted preferred stock in lieu of
common shares. Additionally, the shares issued at the time of closing
the acquisitions of the patented gold mine from Saturday Night, LLC
were restricted preferred shares.

Well they can't sell these shares but may have loaned them to be shorted, lke I said shorting here is huge and the day is coming that will bring them down, also I think the feds and section are watching this, gut feeling.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.