Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

That's an interesting observation. I looked at the Hemi SP for the November-December 2006 timeframe to see what the seller's "basis" would have been in these restricted shares. Prices ranged from ~ 2 to 6 cents during that time:

http://ih.advfn.com/p.php?pid=historical&cb=1232644859&symbol=NO^HMGP

If they are indeed selling now at sub penny prices, they are taking a 60-87% loss on their original stake. I hope for them that the majority of the sales price was "cash" and not restricted stock.