News Focus
News Focus
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forgreen

10/20/07 11:07 AM

#337 RE: The Rainmaker #336

Yes, Cornell is a well-known seller of shares as soon as they are disbursed to them. They almost never hold and invest. Their whole lending business model is predicated on instant returns plus leveraged returns in the case of convertible debentures where they can go short against you in order to receive a larger amount of shares against the current trading price.

There is nothing good about being in bed with Cornell. In fact, you would not expect a company to be doing business with them at this stage of their development. Companies go to Cornell when other higher quality financiers won't do business with them.

It has been almost 3 weeks since the uplisting application PR and I see no indications yet that was a legit thing for them to have done. I remain more skeptical than ever about what this management team is up to.
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The Rainmaker

10/20/07 11:18 AM

#338 RE: The Rainmaker #336

In connection with the Purchase Agreement, Titan also entered into a registration rights agreement with YA Global (the "Registration Rights Agreement") providing for the filing of a registration statement (the "Registration Statement") with the Securities and Exchange Commission registering at least 4,600,000 shares of common stock issuable upon conversion of the Debentures

December 17, 2007 is d-day...its agreement to file the Registration Statement with the Securities and Exchange Commission no later than December 17, 2007
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SevenTenEleven

10/20/07 11:19 AM

#339 RE: The Rainmaker #336

They may be selling some of their position. But 100K in shares a month shouldn't be keeping this down. They will have 3 million shares from the $6 million debenture. That is where they will make their ROI. You have a better handle on this than I do. Regarding PCB unit, if they roll it into ETLS, what are your thoughts on potential share structure? Let's not forget ETLS has IP that is of a tech nature. Many of their original customers are ones that the PCB currently sells and services. I would love to grab another million shares in ETLS before something positive happens. Regardless if it is something such as this.