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Re: elsieCat post# 65823

Saturday, 05/24/2008 12:49:43 PM

Saturday, May 24, 2008 12:49:43 PM

Post# of 107353
Flotation Orders..

I have no problem that they PR the flotation orders.. They have done this in the past with other flotation orders where thay placed them with providers other than themselves to get filled.. It is very possible that part of the funding for Flotation Teck will come from deposits upfront which accompany these orders..

Also it is possible that any option's that were exersised recently at $0.50 were washsale at 1.00 and the cost still remains $0.50 to the person that controlled the option but now has fully reg stock at a cost basis of $1.00 plus the taxes (long term rate) on the $0.50 profit.. They could of done the same thing with option grants at $1.00.. Not such a bad deal for both as DPDW would receive The exercise money helping to fund Flotation Tech.. Just a thought..It would not be the first time this has happened to fund a company.. Also debt could of been created and the debt could be conv. into DPDW at par or dollar for dollar and paid interest in the time it was outstanding... hank


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