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philg

10/01/06 11:10 PM

#12634 RE: Buckey #12632

I stated that authorized shares was still 60 billion, not O/S. And what are you talking about with this "O/S goes up in all reverse splits?" Obviously that isn't the case.

>PhilG your last few posts are more of a bitter person who got screwed on the stock and I have 100s I have been screwed on and I just move on and get it back elsewhere. But stating the O/S is still 60 Billion and that the O/S goes up in all reverse splits makes no sense at all.
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philg

10/01/06 11:12 PM

#12637 RE: Buckey #12632

"1 - regrading the Company must issue shares to cover the short position" - WRONG


I never wrote that. Of course that isn't the case.

Have you been up late celebrating? Not that I could blame you.
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philg

10/01/06 11:20 PM

#12646 RE: Buckey #12632

I admit I could have been confusing and if so I apologize. What I meant is that the shorters may have to buy more shares than are in the O/S. If that's the case I was thinking maybe AWYB would if necessary increase the O/S, but in the process AWBY gets to sell more shares to the shorters and make more money.

It's all speculation and I know we (or certainly I) don't know how many shares we're dealing with that are naked short shares.



>1 - regrading the Company must issue shares to cover the short position - WRONG