Monday, March 10, 2008 5:27:54 PM
I hope he got some shares sold before all this. And no, I don't mean today. I mean last week. Or three weeks ago.
yeah, he lost other people's money, but it hurts anyway. And it hurts his future business. If you lose people money and htey move their account, your business goes down the drain too. So it might not have been his money, but it was his livlihood.
Everyone involved in this deal took it on the chin. Except Wilf. he sold shares, including I was told RESTRICTED shares that I was told he "loaned" to people so THEY could sell them. Now, they can buy them back at this price, and make money. By selling shares that were supposed to be restricted.
I wonder how much of this will actually ever come out to the open?
RM, how goes the research to see what you think about his selling shares three days before he announces the company is broke. ANy luck on whether you thnk that is legal or not?
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