Replies to post #8906 on RxPC Inc (fka RXPC)

[Moe Howard]

Thanks for the explanation. Any word on movement to the BB? I'd rather save all relevent PR releases till then.

[firesupport]

Jrdig7,

That is correct in regards to canceling the shares but a little more complicated, needless to say in order to remove shares from the books of Rx Processing Corp the actions I took in the situation needed to be well documented and were.

Everyone understands now the depth in which these people went to make a few dollars at our expense with the slander and stealing and disruptive tactics.


Remember Hedge funds

This group could have privately represented and sold the shares to a hedge fund even as restricted.

Hedge funds in turn use the restricted stock as a safety net when shorting penny stocks. Hedge funds sign contracts with the seller and the sellers make representations as to the future marketability of the shares.

Hedge Funds are notorious for and will short a market to induce panic selling especially in the micro cap arena and help scare shareholders into giving up their position cheap. Sure the hedge fund shares will vest given enough time usually and if they are still short they will flatten their position when it vests.

This time I think it could be a little different since the Donnelly and Lab Pass will not vest and ever become tradable.

Peter Fiorillo
CEO
Rx Processing Corp