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Saturday, October 03, 2009 1:35:57 PM
Big blocks does not neccesserely mean that the company is the seller. Somebody held two million shares, waiting for a pop, but then decided to move the money elsewhere - four blocks of 500K.
If the CWRN does sell shares, then Bob is flat-out lying in every PR. He might be a liar, but he is not stupid. Twisting and coloring the reality or the future is covered by the safe harbor statement, but dull lie about the present facts can lead to legal consequences, and he knows that.
I think that the company was very unsuccesful in the past, they had to issue billions of shares, and do several RS to sustain their endeavors. And yet, today, I believe they might be onto something. Yes, it came at the expense of all the previous shareholders. But, I believe that the present investors have the potential to benefit immensely. It will be the end of this year, that will indicate either the company IS, indeed, a complete, and never-ending scam. Or, if the years of selling shares have finally led to some tangible results.
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