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Re: nkob1974 post# 93295

Tuesday, 04/19/2011 8:41:43 AM

Tuesday, April 19, 2011 8:41:43 AM

Post# of 103340
He had already sold by then according to the SEC.

JD was likely the one selling through PALI, probably GH too. Anybody with common sense can see the correlation. He didn't buy his shares as they were turned from preferred to common, so the issue of PALI *not having the shares* is pretty easily explained.

The argument against mgmt selling is actually pretty silly. The only thing that can be used to support it is that mgmt said so. Considering mgmt has said a lot of false things over the years, why on earth would anybody even pretend to believe them on this key issue? Especially when all of the other details involved point to them lying through their teeth.

Look at the FACTS.

1. Mgmt converted preferred shares into common shares. What is the benefit of common shares? They are much easier to sell.

2. Mgmt released over 50 PRs in 2009, the same year they did the conversion.

3. Mgmt created hype around a 100 million dollar new invention.

4. At the apex of the PPS and release of the new product (which was complete garbage and is completely dead) an amazing amount of dumping occurred.

5. Pretty much everything released in the 50+ PRs turned out to be false or grossly inflated or even repeated in different crafty ways.

6. JD and GH refused to file free forms proving that they had not sold.

7. Even though they were claiming that their shares were restricted the float was 930 million in August of 2009. Meaning only 50 million shares were restricted. Proving they were lying. Those numbers were released by the TA.

Sounds to me that mgmt's credibility has been eaten away like a swarm of *locusts* eats a field of crops.