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skitters

01/07/07 9:56 PM

#3116 RE: ronning999 #3115

Where are you getting 700Mil
Outstanding Shares: 182,411,108 as of 2006-10-12
Number of Shareholders of Record: 535 as of 2006-07-24

silver_bars

01/31/07 11:34 PM

#4134 RE: ronning999 #3115

RE: Ray's total holdings...

FROM ronning999;
There are something over 700 mil. outstanding shares with more on the way courtesy Unico and their 'loan shark' financing deals.

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BTW ronning999... how come I haven't heard anyone else CLAIM UCOI was involved with "loan sharks"... please tell me more?... how about naming some names?... curious minds would like to know...

http://en.wikipedia.org/wiki/Death_spiral_financing




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If your not familar with the following terms, I suggest you get to know them... (listed in alphabetical order);





Ghosting;

An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. Ghosting is used by corrupt companies to affect stock prices so they can profit from the price movement.

http://www.investopedia.com/terms/g/ghosting.asp





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Manipulation... Also known as "Price Manipulation";

The act of artificially inflating or deflating the price of a security. In most cases, manipulation is illegal. It is much easier to manipulate the share price of smaller companies, such as penny stocks, because they are not as closely watched by analysts as the medium- and large-sized firms.

One way people can deflate the price of a security is by placing hundreds of small orders at a significantly lower price than the one at which it has been trading. This gives investors the impression that there is something wrong with the company, so they sell, pushing the prices even lower. Another example of manipulation would be to place simultaneous buy and sell orders through different brokers that cancel each other out but give the perception, because of the higher volume, that there is increased interest in the security.

http://www.investopedia.com/terms/m/manipulation.asp






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Painting the Tape;

An illegal action by a group of market manipulators buying and/or selling a security among themselves to create artificial trading activity, which, when reported on the ticker tape, lures in/out unsuspecting investors as they perceive an unusual volume.

http://www.investopedia.com/terms/p/paintingthetape.asp





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Naked Shorting;

The illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. However, some professional investors and hedge funds take advantage of loopholes in the rules to sell shares without making any attempt to borrow the stock.


http://www.investopedia.com/terms/n/nakedshorting.asp





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Securities Exchange Act Of 1933;

A federal piece of legislation enacted as a result of the market crash of 1929. The legislation had two main goals: (1) to ensure more transparency in financial statements so investors can make informed decisions about investments, and (2) to establish laws against misrepresentation and fraudulent activities in the securities markets.

http://www.investopedia.com/terms/s/securitiesact1933.asp





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Short And Distort;

An illegal practice employed by unethical internet investors who short-sell a stock and then spread unsubstantiated rumors and other kinds of unverified bad news in an attempt to drive down the equity's price and realized a profit.


http://www.investopedia.com/terms/s/shortanddistort.asp






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According to the SEC....

"it is prohibited for any person to engage in a series of transactions in order to create actual or apparent active trading in a security or to depress the price of a security for the purpose of inducing the purchase or sale of the security by others. Thus, short sales effected to manipulate the price of a stock are prohibited."



http://www.sec.gov/spotlight/keyregshoissues.htm