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Re: Toxic Avenger post# 33660

Friday, 01/27/2012 10:03:35 AM

Friday, January 27, 2012 10:03:35 AM

Post# of 35802
"As for Margiotta getting his restricted shares lifted, it's not clear how many shares he still has, how many are actually restricted and how many have found their way onto the open market.
If few are buying, and the price is already around a penny, there's not a lot of incentive to flood the market with more shares."

I disagree, between 8/8/11 and 1/26/12:
1)The amount of restricted stock IS very clear as per BayCity T/A and has NOT substantially changed. Therefore these shares have NOT found their way onto the open market. What we can't confirm is who owns them.
2)If the company was worthless believe me there would be plenty of incentive to flood the market with more shares. Clearly the owners of the restricted think the stock will be worth more at some time in the future. Personally I hope they are correct.
All my opinion of course !