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DonLeopoldo

04/24/07 10:26 AM

#234092 RE: itrade4profit2 #234070

The sell-off @0.0002 was not Buy-Back.

There is a "504" going around, and can dilute up to 5 Billion shares @0.0002.

We don't know if there have been any sold @0.0003, coming from the "504".

SW should say why and on what purpose, did he give that "504" for $1M, and to who did he give it to.

There was a $1M debt, if I remember well. That could be it, and that money could belong to the CD holder, also, who would also be the one wanting to convert and have a bigger stake.


April will soon be over, and hopefully, the "common" float won't won't grow anymore, but shall be reduced through the buyback, as it goes in favour of the new "owners" (through restricted shares) , to reduce that "common" Float.

The RATS are not jumping off the boat, but getting in fast, before May. That's what should count. And also, the bottomline @0.00015.

I think they will make the stock run at the end of the week, or next monday, in order to sell some of their "common" stock and pay for their restricted.


Imho