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Re: pontalba post# 256489

Sunday, 08/17/2008 12:41:47 PM

Sunday, August 17, 2008 12:41:47 PM

Post# of 358440
Bulk cert was no rumor..

In the first of two CEO updates on 4/18/07, Mr. West mentioned an ongoing investigation by attorney Bill Frizzell “into the sale of bulk certs.” To this subject, Mr. West now adds, “We have evidence of the attempt by at least one specific large brokerage firm to purchase for itself, rather than simply transfer, such certificates.

The Company has recently halted the transfer of a large bulk certificate to a major brokerage firm from a third party. A specialist will be hired to completely research and investigate both sides of this transaction along with the many recent transactions of possible insider sales of large bulk certificates

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