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Re: hellzhub post# 1328

Tuesday, 01/29/2008 10:08:12 AM

Tuesday, January 29, 2008 10:08:12 AM

Post# of 7423
My opinion...Larry was a net seller of stock last year. I believe he sold between 40 and 60 million shares. I think that answers why he increased the A/S to 500 million. I further think he then repaid hsimself and/or wifes account with like number of shares that he calls restricted. Insider trading? Dilution of existing shareholder equity and his position remains constant with new shares? Lary did tell me he had sold shares but I did not inquire as to how many. This was about the time the stock moved downward from .009.
If he doesn't have anything to hide why didn't he divulge the amount of shares paid to him/her. I doubt the accuracy of shares for Texas Company. I don't think that Company will ever come to fruition. I think this is only a stall away from the Authorized share Question as to was it legal and if so why now. How much did Larry pay himself at the end of the year. How much of the Twombly's pay was reflected in the C of G and/or Expense line of his cash flow statements?

This will be my last post of the day since I am only allowed 3.
You may contact me at hridge2322@aol.com or 864-969-4802

Henry Ridge