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Thursday, April 30, 2009 3:04:20 PM
http://findarticles.com/p/articles/mi_pwwi/is_200603/ai_n16106929/
"Insiders selling shares back to the company" in this case means "naked short shares". That is why there are no matched sales going off on the L2's.
AND, just because the possibility exists that SLJB MAY be put on revoked status on May 1, that doesn't mean much other than some will get shook up about it. The company can pay the incurred fees and re-up at any time until being classified as PERMANENTLY REVOKED, and that, unfortunately for the detractors, will not happen for 5 years.
Go here:
http://www.nevadacorpfilings.com/Pages/files/terms.html
Scroll down to "Reinstatement" and read carefully. Notice also that even IF an entity becomes permanently revoked, they can STILL get back on also--see "revival".
Wow!
Thus boys and girls--It's a non-issue for May 1. But of course, some here are making one out of it.
GLTALongs JMHO.
"Even if you are on the right track, you will still get run over if you just sit there."
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