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Re: sojourner post# 31288

Friday, 01/29/2010 12:26:55 AM

Friday, January 29, 2010 12:26:55 AM

Post# of 35633
While they happily PR'ed the insider 4 buys and the company's hopes and dreams for the future, I'd prefer a bit more transparency around material events.

IMO sneaking in 25 million shares with no PR, no mention of the offer's PPS or holding time and the term "shareholder friendly" don't quite fit in the same company profile.

This latest offering was a serious increase in the OS. Issuing those shares with no genuine explanation and no commitment to return to a fully reporting BB status is quite typical of a Pink Sheet outfit.

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