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Allinxxl

05/05/07 8:13 PM

#38348 RE: livinginstyle #38340

If they did what you said they would be converting free trading stock into restricted stock. Show me 1 company that does that? I have never heard of such a thing? The way it works is the IR would call up a major shareholder (a friendly) ask them not to sell in return for something. That removes resistance and the PPS move to the next resistance level etc etc When they need support the opposite happens. The IR requests support so a supporter comes out and adds more (but not more then 10% obviously)

If the IR asked me to go over 10% I would ask him what he has been smoking? If I found out a company was doing what you suggest Id pull out so fast and run like a bat out of hell. That would be a suicidal company in my opinion. Taking free trading stock and making it restricted! Sorry but you got it backwards. Anyhow, I have to run its 815pm on a Saturday night LOL. I’ll log in maybe Sunday and if you win this debate I guess I get to soak up more EFGO stock at 0004 or with any luck 0003 then in 2 months time Ill sell it all back again at 002 or 004. Just say no to bashing LOL Good night all.
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stocktrendsetter

05/05/07 10:37 PM

#38400 RE: livinginstyle #38340

Actually, if you read closely, they said they had enough financing to fund Forex. There was no mention of the other business ventures.

The O/S is close to 6 bil because of the 2 bil sitting in escrow for the OTCBB acquisition(s). As stated, if they terminate the M&A activity, those shares goes back to treasury and we have an O/S around 4bil. But wait, pink sheets says 4.9 bil O/S. How is that? Because they HAVE done a buyback. Please get your facts straight.