Yahoo, has him selling under insider. They also show him buying a lot. But absolutley on 2-10-06 on the NASDAQ and YAHOO websites they have Davids 144 filed on 2-10-2006. He sold 2.5million shares.
Bottom line in the huge increase in volume and no real increase in PPS USUALLY means they are selling S8.
Mind you David has already told people on the board here that he has his employees sell S8 they get 15% and the company gets 85%. Why else would you file a S8 other to use the short form registration for creating FREE TRADING stock.
So the OTCBB site shows a huge increase of volume, we have a Transfer Agent that wont tell the OS. Yahoo and NASDAQ show FFF is correct that David did at least instruct his brokerage firm NevWest Securitites to sell 2.5MM shares while you guys were buying based on the news he wrote and distributed to you.
IF Tracy and David and the rest of them are working for stock, and if you look at the % ownership these guys take S8 by thier position, by thier ownership that stock becomes restricted again. Why the need for the S8? Why the gag on the TA?
I would love to see this stock swing up, I'd love to play it, but everytime I ask tough questions about things that are not correct or in the very least these things should be addressed I get bashed or called a basher.
FACTS
Stock isnt where it should be
S8's are big and Volume increases big after registration. Either MM are shorting against the S8 or the S8 was used, either way it dillutes the paying shareholder down.
Transfer Agent wont speak to shareholders even though he works fro the company you own
TB seems the only one working on building a business the rest are ex stock brokers
Lawsuit that seems like it takes away from sales.
Company is ran by a ex stock promoter, on the board is an ex stock promoter was or is on the board.
Product is associated with a lot of great potential based around the racers that use it
Brake Fluid is a huge market and thier is space for MSEP
The lawsuit has the potential to take those away or impact those opportunities.
I am not an expert but some tough questions should be asked.
