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Thirsty Tiger

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Thirsty Tiger

Re: moldy post# 3802

Thursday, 10/25/2007 11:35:20 PM

Thursday, October 25, 2007 11:35:20 PM

Post# of 8469
moldy. I think you better read up on securites law

That is not legal. A "buyer" can only purchase up to 10% of the outstanding shares. It is monitored and illegal to buy more.

You must be confused. Any legal entity can buy as much of the equities of a company as they want. At 5% ownership you file and at 10% you file again and become a restricted owner. Meaning you can no longer sell without a form 144. However, there are no restrictions for buying more.

All this applies to companies with equities registered with the the SEC. DMTN stock is not registered and DMTN is not even a proper PinkSheet company. Their stock is still in unsolicited status. Meaning the no MM is even making a market in DMTN stock. It's all driven by real bids and sells



"You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer". F Zappa

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