Well King George. what I can say for sure is that happily it wasn't me...lol I have heard the mystery buyer story and I was told by a fellow shareholder who had a fairly cordial relationship with Hilal that he had a very large private investor with deep pockets. However, when the 15c-211 showed up in the summer of 2006 and there were no insiders listed with 5% or more, it kind of made that appear unlikely. But then it was pointed out to me that this investor supposedly owned a number of companies and could have had an insider stake thru less than 5% ownership by multiple entities which he controlled.
It is difficult to imagine any investor being happy after losing 95% of his investment for almost a decade, so it's questionable whether the guy would still be around. But when you think about it, this could well explain the presence of a guy like Penny who apparently took a big hit and became highly disgruntled, sold off all but 40 million of his shares at a huge loss, and now lives to bash the company. Perhaps Penny was the mystery buyer on that fateful day, and he now wants Hilal to reverse split the stock so he can get his position back for next to nothing and take over the company from Hilal for a couple hundred k. That would explain his agitation when he sees positive internet links to Cetek.