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wing_walker

09/28/06 7:38 AM

#7335 RE: songbirdia #7330

thanks songbirdia,

I couldn't remember exactly what the amount was he sold. Maybe that 2 million before close yesterday was the rest of his conversion?

wing

GO SPOOZ!!!!!!!!!!!!!!!!!!!



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cwoody

09/28/06 8:35 AM

#7337 RE: songbirdia #7330


Ok. So he filed to sell up to 2.6M shares and only has transacted about 400K. This amount is small. In the Sept-05 report from Spooz, it looks like Paul has 169M shares which sounds about right for a CEO/founder.

Even if he did sell 2.6M shares, it is a drop in the bucket for what he owns, and amounts to very little return. Perhaps he needed to pay for the wedding? If I saw him unloading 30,40 or 50M shares, I might be much more nervous.

cwoody