Replies to post #4393 on Reality Racing Inc (RRGI)

[Flatsixer]

Please don't post that John442w30...

or you might get into trouble. You are saying 100% what bonded kept mentioning in his posts. He was shouted down as a "paid basher" and eventually left the board. You wouldn't want that to happen to you, would you? Why be negative?

We're here for fun and demonization, not for information, lol.

Those form 144s don't mean anything because I think that those shares are being sold because...uhhm...because...uhhm...allthe nakedshortinggoingonwithRRGI. Yeah, that's it. Problem solved.

Hey, what are you going to bring to that big party, huh? That's what is important! Didn't you see how high the stock price shot up last week? Zoom, bang, no worries.

Flatsixer

[50 Bagger]

John, how can you tell the shares are restricted? I'm not saying they're not, but I can't tell from the filing..an officer or Director has to file the form to sell any shres, not just restricted ones

Flat, I don't think John is making the same point as Bonded. I believe Stan hinted a lot more at information that was not so readily available to the public (I believe he made repeated mentions to the amount of money he had spent to gather his information...). Even if it was the same info, John has posted it in a way so as to provide information, not prove how smart he is or how stupid everyone else is. Big difference..and if you believe that Stan left the board because he was regularly beaten up, well I guess you're entitled to your opinion

Also, the filing of form 144 gives the person the ability to sell the shares, it doesn't actually mean the shares have been sold (but yes, I'm not that naive...however, we don't know who has sold what at this point)

My news on my broker's site shows four filings in the past 6 weeks or so:

2 from S. Fredericks for a total of 1.2 mil
302K from Devken
1.3 mil from Lee Schaefer

Are you showing any others?

Also, here's a description of form 144 for anyone's who's interested...

There are five basic requirements fill in order to sell under 144:

1. The form must be filed properly.
2. Adequate current public information must be available. For example, required reports such as the 10K and 10Q forms must have been filed with the SEC.
3. Volume limitations have to be met. One limitation is the sale must not be greater than 1% of outstanding shares.
4. The transaction must be made by a stockbroker in accordance with certain procedures and rules.
5. If the securities are restricted, then they cannot be sold until one year after the date the affiliate paid the entire purchase price.

[FATDOG]

John - talk to Alcab - you are exactly right. Some of these people may not want to sell yet but the process to release the shares is not quick and that alone will cost them. There is a procedure to go through and Al knows some of the people and what their intentions are. Al !! WAKE UP !!