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Tuesday, December 04, 2007 8:32:45 PM
MG Financial bought shares from Jesse Rodriguez. The 200,000,000 shares that were purchased are all the shares the street currently owns. Susnar and Chornomud collectively own 500,000,000 shares which are restricted. Add the two together and you get the O/S value of 700,000,000 shares.
MG Financial made it possible for you to currently own the shares you have (if any). They invested money in DR Entertainment---they are the financial underwriter, the accredited investor. Thus it doesn't matter whether UBSS is selling shares or not. For all you know, it could be one of us selling shares through UBSS services, in which case my broker calls up UBSS and says to sell x number of shares for me (or anybody else on the street for that matter).
It wouldn't surprise me, too, that UBSS is doing a lot of buying/selling here. It is the largest investment house in the world, and it looks like they get pretty good share prices too...
It's like all of you have forgotten that whenever someone sells, someone else is buying. The shares don't just magically go back to the company. In which case it makes damn good sense that those buyers would want a good share price for the stock (i.e. using UBSS to do their trading), which is why we are seeing the share price drop to these levels.
Check out the board:
http://investorshub.advfn.com/boards/board.aspx?board_id=12773
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