Replies to post #91125 on Wialan Technologies Inc (WLAN)

[phillymike]

Not exactly, IMO. Allow me to point out a few things. The CEO, for one, does not have controlling interest in the stock. Therefore, a decision to R/S probably would not originate with him. Other Insiders (former and current) own approximately 1.6B shares; or at least they did last time a financial was published.

Though arguably recalcitrant, I wouldn't go so far as to say the aforementioned individuals are obtuse. Meaning, they could have easily ran a series of PR's long ago, touting even the slightest of accomplishments, subsequently unloading to the tune of hundreds of thousands of $$$, in the process...they did not and have not. So, there's no need to R/S (whereby raising the requisite red flag) then dilute, as they could simply follow the usual "Pinky" prescription and dilute now; if that were indeed management's end-goal or intent.

WLAN

[Benji]

Don't touch this under .18. :-)

[Entangled Proton]

It makes absolutely no sense to do an R/S when the vast majority of the shares are restricted and there's no dilution taking place. It makes even less sense to take the risk of shorting a stock when all it takes is a filing to send the pps up 1000%. But I guess the thrill of the risk is why the vast majority of shorts disappear in BK. I do think there will be both filings and a PR right b4 the restrictions are lifted; which isn't far away.