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Re: Swimmingly post# 175958

Monday, 05/02/2011 1:26:04 PM

Monday, May 02, 2011 1:26:04 PM

Post# of 179214
Sorry but that is just being ignorant. Monk preached buy and hold, don't flip, don't take profits until the squeeze, on the exact same day he was dumping 1,000,000 shares

Let's not forget that the court document has Monk admitting that he was trying to find more buyers for the LUXI shares, so who is to say that Mr. Roth wasn't the final buyer on CDIV so he could finally send in his much larger certificate and have it split up among multiple buyers?

Also, the biggest issue here is this: Monk swears he never sold a single FLD share, not one single share. He even went as far as to boast that the SEC could look at his trading records because there would be no evidence of FLD shares being sold.....and then he admits in a certified court document that he was selling CDIV shares in certificate form so that they couldn't be tracked via his trading records.

This also now makes some older poster's stories more credible. There was one man on here last year claiming that Monk owed him millions of shares for work that he had done for CDIV, but that Monk either had not delivered, or the delivery was delayed causing substantial financial loss from higher prices. I believe his username was "ucheckiraise".......you should go look at his posting history wink