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Re: Doug 123 post# 1678

Wednesday, 07/13/2005 1:34:26 PM

Wednesday, July 13, 2005 1:34:26 PM

Post# of 7974

,,,,,,hi doug,,,,,,,,there is no question Fan has a "Catch 22" private placeholders at .20 and .40 cents,,,,,you also remember when he did the promo with Alan Stone,,,,he had 13 to 15 press releases over a 6 month period,,,,each was met with heavy selling to squash upward pressure,,,,, I always assumed it was shorts,,,knowing it was quite possible the Dransfield Seller,,,,

,,,my point is Fan dismissed Alan Stone and shut down press releases,,,,,,,,,why ???


,,,the truth is somewhere in that catch 22,,,,,,,

,,,he has had discussions with Westminister,,,,,and no doubt as described the horns of his dilema to them,,,,,,,,,,,,,,,what advice he received is anyones guess for now,,,,let alone if he took it,,,,
,,,,,,nevertheless westminister is more than savvy at these games of MM`s and shorts and the special issues of reorganizations,,,,,,,,,so Fan is not uninformed,,,,,,,,,

,,,now you all go figure from there,,,,,,,,,,,my own guess is there is NOT 20 million shares to go,,,,i think eddie misspoke or jt misunderstood,,,,,,,,i think the figure could be more like 2 million,,,,,as the maximum free float can only be 52 million and change,,,,,,and beleive me that amount has already turned over since last summer,,,,,,,,i gave the link in another post how many have turned over since the first of the year,,,,,

,,,another possibility : Fan has never done his paperwork right since the beginning ( he blames lawyers ) and their is some truth to that,,,,but he complicates the issue with some parts of his profit centers owned by Dichain Asia,,,,,that has to be nightmare accounting regardless of sarbanes-oxley and the auditors are in dispute over how to handle it ( technical difficulties ) that is easy to believe and a real possibility,,,,,my sources (deep throat) has ruled out all other possibilities,,,,,,,,,,,,,

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