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Re: mide post# 136167

Sunday, 04/15/2012 6:29:36 PM

Sunday, April 15, 2012 6:29:36 PM

Post# of 157300
mide, you may be right and Maguire's reported share count was inaccurate in the earlier filings. I guess we'll never know for sure unless we see further reductions in subsequent filings. But I feel confident it's not because of expiring warrants or options. To my knowledge, Clark and Estrella's filings only include the actual shares owned, not their warrant shares included as part of their purchase agreements.

I speculated before about the possiblity of selling a large block to someone outside the usual brokerages, perhaps another shareholder, or possibly directly to a market maker at a specified price for the lot. Could this be done without the volume showing up in the daily volume we all watch? Certainly shares can be bought in transactions that don't show up this way, as in private purchases directly from the company, so I assume selling could occur in a similar manner and be "off the radar". Just because the share volume between the reporting periods doesn't support the selling of 29 million shares doesn't necessarily mean those shares weren't sold, in my mind.

Anyone here know the guy well enough to ask? (not that it's any of our business)
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