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ghcnj

05/10/07 11:06 PM

#1691 RE: ghcnj #1690

That is just their personal stash. It does not include what they can sell from the company treasury. Just IMO. GLTY.

pwrballl

05/11/07 12:36 AM

#1692 RE: ghcnj #1690

Although I'm becoming LESS and LESS! of a fan for PLMA....what you state is COMMON knowledge.

"...Capital Structure: Our latest 10K that was filed showed the Company has 523 million shares outstanding. This increase was from the conversion of preferred shares into common stock. Of the total shares outstanding (523M), approximately 75% of these shares are subject to restriction indefinitely. In fact, only 1% PER QUARTER of these shares can be registered for sale. These shares are held by officers of the Company, no one else..."

It's no secret they can sell 1%!! PER QUARTER.....DUH!

Thanx for ENLIGHTENING! us thou....sheesh!