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Waverider110

09/14/06 12:03 AM

#71663 RE: FrankieJ #71661

Frankie, yes, IF Wessal has

inside information. Then again, if they have no assets or employees in the USA, then like the lady said:

"FREEDOM IS HAVING NOTHING LEFT TO LOSE"....jj
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The_Free_Nebula

09/14/06 12:06 AM

#71667 RE: FrankieJ #71661

FrankieJ - the insider trading reason is just a theory with less merit than the common sense of folks buying stock on a daily basis. They publically stated that they would buy stock I believe more than 6 weeks ago and I believe they simply have....There is a "white knight" theory that they will buy us to the NASDAQ. Even a purchase of 125M+ shares won't hold 5 bucks for 90 days....It will take a combination of many things...So until the filing I believe this will be one of the big mysteries...

TFN
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StockSniper00

09/14/06 12:19 AM

#71680 RE: FrankieJ #71661

Insider trading? I disagree.

Read the PR's.

"Mr. Al-Muslmani has been watching our growth in large projects and stated his offer at the project closings in Germany."
http://biz.yahoo.com/iw/060808/0151824.html

Wessal made an offer to purchase 25% at the end of the Emaar deal. Those are the only numbers Wessal knew of at the time of the offering. At the time that is insider knowledge. However, since Wessal had not bought at that time there is nothing illegal about an offering to buy stock. The PR about the Emaar deal and the PR about Wessal buying then makes everything public knowledge and allows them to begin buying.