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Art2Gecko

04/13/07 9:06 PM

#38057 RE: sippinpurp #38041

seems to be. Darrell and his team decided it was either something like this, where they can still go after Select and the bad actors, and be trading, OR stay halted. Discussion with the market makers they planned to file the form 211 with said they'd be happy to do it, but that nasdaq compliance lawyers wouldn't approve with the outstanding share imbalance.

so, it was either buckle down for a long drawn out battle like BCIT has been doing, or get the shareholders in a trading vehicle, where they can still sue the bogus share printers.
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jimmym4

04/13/07 9:13 PM

#38064 RE: sippinpurp #38041

Why wouldn't they settle BEFORE they R/M? that way they wouldn't
have to issue all those shares..how is anyone really going to take it serious with 2.2 Billion shares floating around?..How will they ever move higher?