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Monday, March 08, 2010 8:28:13 AM
Elson and once to Maria. Both of them told me that the float was
930,538,167. This was also confirmed by other people. I also had a phone conversation with you where we discussed this. During that conversation you told me that the company hadn't put a restriction on all of them, but that regardless the SEC placed restrictions on them and that only 1% per quarter could be sold.
I have no clue what Elson or Maria told you...It would seem to me
that 930ish would be the outstanding at that time...however, don’t quote me on that, because I simply don’t know what they said to you. We are held by rules, SEC, FINRA, tranfer agent rules, those guys, that do restrict insiders to 1% per quarter (I think), I don’t know for a fact because I've not exercised that option, nor have I ever removed a restrictive legend on any share I owned. Further, I've never sold a single share of mine since inception.
Translation: I am going to dodge the question and try and pretend the TA was talking about something else. Notice how he never followed up on this issue like he said he would? Yep. He lied.
I like catching him in lies.
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