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Re: alaskacobalt post# 36413

Saturday, 05/22/2010 4:35:27 PM

Saturday, May 22, 2010 4:35:27 PM

Post# of 68397
"Ultimately what I discovered on AMSZ is that it was dropped because while the shares themselves weren't being diluted the company was retiring restricted without reducing the outstanding. They did this with 30 million shares that we know about and I believe a total of 60 million shares. This of course created HUGE selling pressure as the market was flooded with millions of shares. Does ACDU have any restricted shares they may be doing this with? That would be one very easy explanation and something that COULD be done even with a share moratorium in place."

This is not possible with ACDU. If you retire shares, the OS IS reduced. The only way the OS would not be reduced is if the company simultaneously issued new non-restricted shares. ACDU cannot do that. If AMSZ is doing that then they are diluting and that is what might be driving the price down.

You should be able to see if AMSZ is selling by looking for a Form D even tho AMSZ is not registered. New SEC rule:

"The SEC does not require companies that are raising less than $1 million under Rule 504 of Regulation D to be "registered" with the SEC, but these companies are required to file a Form D with the SEC. The Form D serves as a brief notice that provides information about the company and the offering."

Lol. I think this is TOS violation anyway and will probly be deleted for talking about another stock on this board.

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