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Re: underdog150 post# 174829

Monday, 05/19/2008 7:39:06 PM

Monday, May 19, 2008 7:39:06 PM

Post# of 250226
Yea, YA shorted the Legacy CDs thats for certain. The accumulation could be buying to cover. Now think about this why would YA amend the old CD + the mortgage CD = $3M?

I think YA holds the certs. Now Tom struck a deal with them give me 800M shares back (800M in Escrow), I'll pay you $3M in cash distributions and I'll add up to 134M share warrant @ 0.01.

Therefore, they can buy to cover to Tom for the $3M.

$3M/800M = 0.00375 Average PPS. Look at the trading channel for a while now.

IMO, YA and Tom might be swapping payment for shares. Keep the PPS within the range, YA and Tom can do their thing.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y