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Wednesday, December 08, 2010 12:37:05 PM
In fairness, a CEO of a publicly traded company should not be involved in talking with individual investors or groups on a one on one basis anyway and I am sure that HHGI’s attorney’s told her just that if they are worth a darn.
The reason is that it is a very fine line to walk that you don’t “accidently” disclose information regarding the company that could be used to trade on.
There are 3 sides to every story and we will most likely never hear them on this message board.
What we do know is that the A/S count went from 1B to 5B in August and the company has registered to sell 1M dollars worth of securities via private placement.
IMHO, this is what has killed this stock and nothing more.
If and when they decide to clean that up is when it will start moving again. The only problem will be how they decide to clean it up…
GLTA
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