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Re: TEXASOIL post# 3164

Thursday, 02/17/2011 12:22:54 PM

Thursday, February 17, 2011 12:22:54 PM

Post# of 8749
Also IMO pretty much assures us that Foreman will not be selling any of those shares into any run-up, which may have been part of the reason that Holtzman structured it that way, smart man. Basically telling shareholders those 1.8 million shares will not hit the float until at least $4-$6. And by the time it gets to that level, certainly feasible it will have attracted the attention of much bigger money, meaning if he decided to sell those shares could be swallowed up much easier. Either way, right now just exchanging shares between weak hands and strong hands.

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