Replies to post #47161 on ZA Group Inc (ZAAG)

[slingwing1]

Lawsuit filed against zaag - Sling, you heard anything recently. Appears a preferred holder is suing over conversion to commons - this is never good.

Very obvious there is something going on to pay the suit off or something. SS has raised after they blew through the max authorized shares by 15M. Looks like daily dilution when they can find buyers. How they are selling is to park on the bid and ask. Where retail can buy is somewhere in-between. It is an old tactic used in stinky pinkys.