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OK here's the scoop on the HBIO big

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Alex Chory   Wednesday, 05/21/08 05:58:04 PM
Re: MACH2 post# 528
Post # of 585 
OK here's the scoop on the HBIO big block, wow, what a mess


an insider sold a block consisting of 1 million shares, but he
also is affliated with skystone advisors.


http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5951374

As a result of the rejection by the Board of Directors of the December 12, 2007 proposal of the
Skystone Funds to acquire all of the outstanding Shares of the Issuer not already owned by the Skystone Funds
(the “Proposal”), and the decision of the Board of Directors not to engage in substantive discussions with
Skystone regarding the Proposal, the Skystone Funds are no longer pursuing the Proposal at this time.
The Reporting Persons disposed of the Shares reported herein as sold on May 16, 2008 in connection
with the investment allocation decisions for the Funds.


http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5951396

http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5951420

so thats over 1.7million shares the Market maker absorbed at $5.00.

now, who took all those 1.7 mil? or is that overhang now.
maybe it's just better they get out of the way.





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