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linda6511

07/03/07 1:47 PM

#5355 RE: janetbg2 #5354

Wow… look what I found….

“At June 30, 2005, investors in our common stock hold approximately 80 million shares of the outstanding common stock. If we were to file a registration statement including all of these shares, these shares would be freely tradeable upon the effectiveness of the planned registration statement. If investors holding a significant number of freely tradeable shares decide to sell them in a short period of time following the effectiveness of a registration statement, such sales could contribute to a significant downward pressure on the price of our stock.”

http://www.pinksheets.com/pdfservlet?id=5040

Company says they have no money. Insider stock becomes unrestricted. Volume jumps. Stock price tanks. Nobody sees the connection but me?

Maybe the "bullying" is an inside job? Always seems to take forever for those insider sales forms to pop up after the fact, I've observed in OTC land.

80 million? How many shares are outstanding these days?


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Ubertino

07/03/07 2:15 PM

#5360 RE: janetbg2 #5354

CRAZY - that's the MMs for ya - the quicker we exit this con driven market, the better. On to the NYSE ASAP, PLEASE.
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Mechelzi

07/03/07 3:37 PM

#5381 RE: janetbg2 #5354

What is bizarre is that my order for 2,500 shares at .75 partially filled (2,300) yesterday but the remaining 200 shares sat all day long today and never filled even though other orders to buy cheaper did.

When we get out of this I intend to write a strongly worded letter to the SEC.