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sachkhand

03/08/07 2:04 PM

#129 RE: copleybmt #128

About 13 million issued. CEO Rouse owns about 5, and the inventor Robert Scragg of Alpha Engines owns about 5. Many are holding restricted shares, and/or tightly held long term positions for when the company is bought for 15-20 bucks a share. Common knowledge. All this short term volatility is to drive little money people like us crazy so we sell cheap.

My educated and semi-informed guestimate is that somewhere between 1-2 million shares are trading in the float. I wouldn't doubt that there has been some naked selling.