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Re: mr10001 post# 2204

Friday, 07/30/2010 9:07:45 AM

Friday, July 30, 2010 9:07:45 AM

Post# of 5644
This has been going on for some time with XOMA and what appears to be happening is that they are attempting to sell a large number of shares to support the business, including rather exorbitant salaries and executive options. To this end they release good news, not fake news, but valid favorable news, but then dump tons of shares into the market in an attempt to garner cash for the business. I recently voted my shares not to allow the reverse split as some new option compensation to those that put us in this position in the first place. The BOD and CEO need to be replaced, NOW!
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