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Gold Seeker

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Gold Seeker

Re: longterm42 post# 23723

Thursday, 10/22/2009 11:32:04 AM

Thursday, October 22, 2009 11:32:04 AM

Post# of 30387
LT, there was an article on Smithline a couple years ago where he talked about his "state of the art trading program" that maximizes the returns.

Being on the naked short list appears to not be stopping Smitline. The SEC rules say it is legal to still sell if he first requests notes to be converted prior to selling. Moro is just a babe in the woods when dealing with the likes of Smithline. IMO, Moro is refusing to give Smithline the shares and all it is doing is causing fines to accrue against the company.

There has now been over 675K traded and it has finally made it up 3 1/2 cents.

If this is not Smithline selling, I will eat may hat.
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