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Re: Gold Seeker post# 18607

Monday, 04/13/2009 3:27:01 PM

Monday, April 13, 2009 3:27:01 PM

Post# of 30387
1) <The bocx stated: "Please explain to all of us how an amendment signed in 2009 prevented Dr. Moro from selling in 2007 and 2008..."

Isn't that the reason you gave for Moro drawing a salary in 2007 and 2008? You should decide which is correct.>

No, and please stop putting your words in my mouth; they have a peculiar taste.

All I said is that if Moro did not sell any shares and he does not have another source of income, he would have to get cash to pay his bills. I also think that it is not excessive that the inventor, founder and CEO of an OTC company gets $110K in cash and $150K in options that he cannot exercise, particularly when one considers that he has not sold stock in over 2 years.

All that said, let us get back to my question, which you are unsuccessfully trying to avoid. You stated:

<it is just something the bocx posted but it would certainly account for no stock sales by management in 2007 and 2008.>

Again, please explain to all of us how an amendment signed in 2009 prevented Dr. Moro from selling in 2007 and 2008...

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