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Re: molee post# 21412

Tuesday, 01/04/2011 1:55:49 PM

Tuesday, January 04, 2011 1:55:49 PM

Post# of 29028
Hey, molee, you're welcome. I'm "sure" that sperber kept 60,000 of the preferreds that had cleared the one year restrictive period. JMO. I believe he, as a control person, needed to clear another 3 month restrictive period of not being a control person...which I'm not sure has passed. Will take another look at that. But then again...sperber never heeded the SEC rules and regulations, anyway, in my opinion...

I think the new owners will, initially, handle their preferreds with...restraint. It's the new financing that we have to monitor closely....
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