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Re: PennyWorld post# 1715

Wednesday, 12/15/2004 2:05:39 AM

Wednesday, December 15, 2004 2:05:39 AM

Post# of 36792
Penny,

I agree, I would have certainly done things differently but then I don't know why Fayiz may have needed to do what he did.

One thing I think is clear is that he didn't simply put the shares on the market. I would think that the stock was carefully placed with a very limited number of investors. It's just speculation on my part but you just simply can't put billions of shares into the market, even if they're selling for a fraction of a cent. I've seen where others believe he may have done it when the share price was substantially higher, I hope so.

Gary