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martingale

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martingale

Re: johnnyfiber post# 22613

Tuesday, 09/16/2008 12:56:59 PM

Tuesday, September 16, 2008 12:56:59 PM

Post# of 118239
Johnny you need to see the paper filing of the REGDEX to determine whether it was a 504 (sale of common on the market)
or 505 or 506 (privately arranged sale of common). The vast majority of these turn out to be REG 504. You can order from the SEC by mail I guess.

My point is they would not be arranging for the sale of securities at this late date if they intended to move off the pink sheets and is the strongest evidence I have seen yet on what their true intentions are. Especially a filing today and effective on 9/11/08 if your info is correct.

REGDEX filings are always feared in the pinksheets by experienced traders. Dilution usually begins within days or weeks.
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