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Re: Brad S post# 82895

Sunday, 11/07/2010 9:20:37 PM

Sunday, November 07, 2010 9:20:37 PM

Post# of 111215
Well FWIW, I think there's a good chance that it will. The biggest issue IMO is the dividend fiasco and that this wasn't a Pump & Dump like so many here have claimed.

So, here's something to consider.... The company financing ($40M) is all a function of pps and how that affects their 68M shares of non-tradable float. So if the company needs a high pps to increase their financing capabilities why would they sell into the divi run? The simple answer is they wouldn't. Quite the opposite really, they should have been buying into it.

And if they really believed there was a large short position and they knew they hadn't sold into the divi run.... WHY WOULD THEY PUBLISH A LIST OF SHARES/BROKERS THAT WAS ALL PRE-DIVI CANCELLATION? Again, the simple answer is they wouldn't.

I think these guys actually have their ducks in a row on this one. I don't like the SEC investigation, but it sure does open the door to having some interesting discussions with them regarding the manipulation that has been going on with this stock.

GLTA

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