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Re: JimmyRich post# 3740

Thursday, 05/07/2009 3:25:05 AM

Thursday, May 07, 2009 3:25:05 AM

Post# of 30951
I read the board for information from others. Sometimes I comment on info discussed but not much info comes from me and it seem not much from the message board as a whole. Some people find info and share it and we discuss it but besides the court deal we don't have much lately.

The whole time I was buying millions of shares I was promoting it to friends and family. I did not realize some of them were buying millions as well. There was discussion/spin of the insiders knowing something. I think that has proven to be wrong, no insider buying.

I think the 40+ million shares taken by the previous management at the sale, (of which 23 million were eventually cancelled), were what held the share price low at about a penny while they sold them for the cash.
There was spin that it was insiders holding the price down just to get more. It seems too many shares available at any price was the real reason.

Obviously it was all someones opinion and not the truth at all. It was just a lot of us unimformed buyers doing the buying on the hope and expectation that SmartWear/GLGT was working out.

Whatever happened was discussed and spun in all directions.

I certainly hope something works out with this new 'take over' company, (or the next one). I am just too frustrated with my shares, anybody want them???

All my opinion of course, Good Luck To All