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Re: SLEE123455 post# 25546

Thursday, 01/29/2009 1:03:09 PM

Thursday, January 29, 2009 1:03:09 PM

Post# of 35633

According to my analysis software it says that
the trend is driven by strong forces and insiders.

I think the company is selling shares to raise funds.

Since last Friday somebody with a big supply of shares
has been seling in 20,000 to 40,000 share batches

The Lajolla Financing promissory notes done 11/07
when the stock was $.52 or so had a provision in it
that the stock cannot be below $.38 or $.25 in which case
CTGI has the option to buy back the promissory note at
118 % of value.

The 8 K that was filed only that Lajolla gets the shares at their election at 80% of the average value at the time of election or CTGI pays them back at 118% of value.

It is unclear as to what is happening but it could be the company selling shares to avoid significant dilution
on these promissory notes.

Anybody have any clues?

Regards

bbhuey








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