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Friday, December 09, 2005 3:28:48 PM
Have you looked at how many shares the insiders actually possess.......That may answer your question as to why they didnt sell at higher prices. Based on whats reported at Nasdaq.com and Yahoo.com, I presently own more shares then most of the insiders and most of the institutions. There are 2 institutions with more shares and 2 insiders, and those 2 insiders are the 2 directors that founded the company, and loaned the company 10,000.00 and got options for 10 million shares at .01 a share for the loan....thats just 1 example.
Even the CEO holds less shares then myself, although he has options for millions if he decides to exercise them. But we arent talking about options here, I am talking actual shares of common stock, and I have found only 4 with more shares then myself.
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