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Post# of 596886
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Re: Hacktheripper post# 459990

Friday, 01/21/2011 1:03:44 AM

Friday, January 21, 2011 1:03:44 AM

Post# of 596886
If you notice, the CFO sold shares into the market, thereby diluting the PPS. Here's what you wrote:

"Since this is an Award or Grant, the transaction would not have any bearing on the currently traded PPS."



Additionally, aside from a key insider dumping shares, which raises other concerns, the CFO 'acquired' 4.8M shares without any personal sacrifice. He didn't pay for those shares, did he?

So what would stop him from dumping additional 100K or 250K lots? He's not worried about the PPS. He'll continue selling as long as a market for those shares exists.

Who would've thought a classy pinksheets CFO could be capable of such monstrosities?!
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