NetSol International Inc. (NTWK): Ting, What did JJ mean by this comment?...

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Wednesday, 03/21/2001 3:04:19 PM

Wednesday, March 21, 2001 3:04:19 PM

Ting, What did JJ mean by this comment?
"I'm not for these types of funding at all - whoever makes the connection - The recent S-3 on Deephaven selling, sort of clear that situation on a rather short term, as I see it."
Is there proof out there somewhere that Deephaven was actually selling NTWK when the news was out that they were buying. I searched for weeks to get the information regarding the financial deal with the second traunch with Deephaven, I even wrote the SEC to see if they would clarify. Was very frustrating, but finally got the information early last week. They assured me that Deephaven was prohibited from shorting or selling the stock to drive the price lower for their deal. They said this was specifically prohibited in the deal. Is there some information out there to show that something contrary to this happened and that Deephaven manipulated the stock prices to their advantage?