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Post# of 49066
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PRmaniac

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PRmaniac

Re: grawsha post# 34659

Saturday, 04/16/2011 11:31:13 AM

Saturday, April 16, 2011 11:31:13 AM

Post# of 49066
And CEO's dumping shares for cash at a steep discount is not a dilution concern? The CEO flat-out lied to investors.

Only after someone here did DD and posted info from the TA that the company is again diluting at exponentially-increasing rates did the CEO come out. He then PAID for his promotional "interview" to explain, but did not apologize for the no dilution concern lie.

Shame on him. Shame on anyone else that believed the company. And shame on anyone that does not learn that he is continuing the massive dumping of shares.

Still not sure how they can get away with adding so many shares to the float. Didn't the CEO claim shares would be restricted? Obviously they are all being added to the float and do not appear to be restricted.
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