Value Microcaps Motherboard

[cliffvb]

ALY, 10-bagger: When the offering was originally announced in June, it was to be 2.5Mil shares for Energy Spectrum and 1.5 Mil shares for ALY. Now it is going as 4 Mil shares for Energy Spectrum and other non-management shareholders and 1 mil shares for ALY. Obviously some others contacted ALY desiring to participate and also sell their shares in the offering since it was announced last June. I would rather have those shares go in this offering than have them doled out in the retail market over the coming weeks, which would have created continued price pressure. New shares being sold by ALY have dropped from 1.5 Mil to 1 Mil but remember that the price has also nearly doubled since June as well (it was in the low 5s back then.)

I expect some weakness tomorrow but I expect this stock in the hot sector to recover in short time as well. Thanks again for pointing it out.

Here's a link to the original announcement:
http://biz.yahoo.com/prnews/050609/dath021.html?.v=12