Viratech Corp. (VIRA)

[stockmasterfly]

Yes I have seen this quite a bit these "funders" buy stock on the promise to hold and then sell asap and damage the market. He sold off over millions of as soon as he could. When he was not supposed to do so. Glad he is done and stocks like IMPN won't suffer anymore.

Between March 16, and April 20, 2006, CJB Consulting sold 9,830,000 shares of Imperia for approximately $35,755.
159.
Alexander directly or indirectly offered and sold the 9,830,000 shares of Imperia identified in paragraph 158 through CJB Consulting’s brokerage account.
160.
Alexander, as an agent of CJB Consulting, was a substantial and necessary participant in these sales of Imperia shares because he made the decision to offer and sell the shares and directed the stock brokers to sell the shares in CJB Consulting’s brokerage account.
161.
During April 2006, Regis Filia Holdings bought 11,000,000 shares of Imperia directly from the company.