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Re: AMA post# 6604

Thursday, 02/28/2008 5:42:00 PM

Thursday, February 28, 2008 5:42:00 PM

Post# of 37493
Abdul, yes, the 1514000 million share sell/conversion at .0048 is very odd to me. Why? Because, instead of taking the PPS lower, it actually caused the bid to strengthen over the entire day. Not sure if someone on the inside is buying up these shares that are being converted. Either way, I still believe this is going to be bought out, and it will likely happen over the next several weeks. We being shareholders of Monarch are entitled to know what is going on in regards to the departure of the CEO. They have to inform shareholders, and in a reasonable time period. I'll have to look into the SEC rules.
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