Nuubie, you are really living up to your name. You are arguing stuff WE DISCUSSED MONTHS AGO AND MADE DETERMINATIONS ON! You are so far behind here it is not funny.
1. Jana never filed the form 4 showing they sold the shares and Arcadia in their quarter ended 12-31-11 listed them as still holding about 25m shares. They do have to file a form 4, just like Vicis did, if they sell as a 10% holder. Not sure what shuck and jive is going on with their holdings, but I am guessing there is a logical explanation for it but because of insider rules they have to keep it quiet until it is public. But the bottom line, listed as a holding or not, Jana still owns the stock. Maybe they no longer HAVE to list it in their portfolio as a choice if it is OTCBB? The timing would really coincide with this theory and they have voluntarily chose not to list it. But, they have to still hold it or they would be in a whole heap of trouble for not filing the form 4.
2. Very simple, Arcadia received a warning, not a delisting, from AMEX. They chose to voluntarily delist instead of fight it. Period and this has been discussed many times months ago.
Nuubie, you are very late to the game here and are rather arrogant considering you are months behind on your DD and really wasting many peoples time on here bring this up instead of reading back through posts from many months ago. You know you can do this right and search for information if you have a question? You should really consider listening to some of the people here and their thoughts on what you have to say because more then likely because of the fact that you are just digging into this and some of us have been reading pages and pages and spent hours and hours dding this company, you are going to be wrong and lose credability.
AI
