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Post# of 53980
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Jagman

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Alias Born 07/19/2003

Jagman

Re: the daemon post# 7253

Wednesday, 02/16/2005 5:12:17 PM

Wednesday, February 16, 2005 5:12:17 PM

Post# of 53980
the daemon: I'll try to keep this really simple for you. You owe me a $1000, but don't have the cash, so you give me $1000 worth of FASC stock, I sell the stock immediately to get my $1000. Keep that in mind. Now FASC owes Cal $1000 in back pay, Cal says give me $1000 of FASC stock instead via options which he sells immediately to get his $1000. Now don't worry about the options being restricted, he has old, unrestricted options that he will sell to get the $1000. It's about getting the $1000, not what price the options were when exercised.

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

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