lev$elevator (LEV)

[levitateme]

the author added some unnecessary commentary at the end i believe, prob admins dl it

what he is saying is that he (mm107) believes 80% of os is restricted, and the company also saying the same thing in the most recent pr

http://ih.advfn.com/p.php?pid=nmona&article=49829618

During the past few days the Company has received numerous shareholder inquiries regarding share ownership and dilution. As discussed in the 8K filed on September 8, 2011 all of the shares of common stock issued pursuant to the SurgLine acquisition (equal then to 80% of total shares outstanding) were restricted shares, which are not eligible for sale for six months under Rule 144 and are also subject to 1% volume limitations. The Board of Directors and major shareholders are meeting today to consider a lock-up agreement for an additional period of time as well as other restrictions. The Company believes these measures will align shareholder and management interests in creating the confidence in management's objective of building long term value.

sure does look like serious dilution going on to me though