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Re: Coniba post# 329

Wednesday, 05/04/2011 10:56:58 AM

Wednesday, May 04, 2011 10:56:58 AM

Post# of 566
I’ll take your comments one at a time.

CBO-“I wasn't trying to tie the addess together just copy/pasted from the filings (which had the addesses).”

You answered your own question when you copied & pasted the “owners” names of the stock in your post, so how can the company he works for own them?

CBO-“I understand he personally doesn't own them."

The "Cut & Paste" you made are the "owners" of the stock; they are the ones who can buy or sell all they want -- that’s what makes them the owners. You put out this conspiracy theory based on the addresses being the same, not understanding that has noting to do with the ‘owners’, but due to the Proxy Rule which stipulates that the address of record be that of the proxy holder. This is simple basic knowledge that any trader should know. One has nothing to do with the other!

Owners (which makes them owners) can buy and sell, proxy holders cannot. Just that simple. More simple trader knowledge -- If a proxy holder had the right to sell that is called a (Shareholder) Trust and is completely different than a simple proxy to vote the shares.

See Note 5, paragraph 3, of the Financial Statement (fyi, last time I do your homework)

The “owners” gave the “Chairman” of APRM the right to vote the shares as a condition of the conversion as it is clearly stated in the Disclosure Form and the Financial Statements. Talarico happens to be the Chairman; it could have been any Tom, Dick or Harry for that matter. The right was given to the “Chairman” not Talarico.

CBO-“But doesn't his company own them ? And doesn't he control his company?”

The company he works for doesn’t own the shares, nor does Talarico which you finally acknowledge your post, the people on the list you “cut & pasted” own them. If you would read the filing, the company he works for has 963k or so of "restricted common" that can't be traded or sold in the open market, that why they call it "restricted common".

CBO-“Does that make you feel better?”

Not really, no, it doesn’t make me feel better. CBO you’re still trying to make something out of nothing. Stop bashing for no reason.