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jainshul

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jainshul

Re: BeachBum post# 5130

Monday, 08/09/2010 12:05:40 PM

Monday, August 09, 2010 12:05:40 PM

Post# of 57066
What I mean by average price is that if the purchase of 750k shares happened on Friday, Aug 6th than it is impossible for the all the shares to be purchased at .024 when only 45-50k shares were traded at that price and the rest @.02 and under.

If the shares are purchased on Friday than COO has bought the first batch of shares @ .024 and the remaining @ .02 and under, which will lead to an average cost price per shares lower than .024 mentioned in the filing.



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