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#37065 RE: defireman #37063

You did say that people are fleeing the stock in droves with absolutely ZERO PROOF to back up your statement. ZILCH.

Where is your proof of that?

If you are referring to the original 10 or so shareholders who no longer post in here, even you could not call that "droves" of shareholders.

Just how many "droves" are currently fleeing???? Your statement is baseless and completely false.
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#37068 RE: defireman #37063

According to you, RH is printing up shares, increasing the O/S count, selling them into the market either directly or indirectly, increasing the float.

He is cancelling 13,975,000 shares from the O/S count on or before December 15th, 2007. According to my calculations, that will put the O/S at or near 85M, with a float of around 44M. Anytime a pinksheet company was increasing O/S, and selling into the float, the O/S kept increasing. I have never seen an O/S count reduced with a float increasing, how do you explain that? Are you worried about a total O/S of 85M?

Can you provide any examples of a pinksheet or other company that is printing up O/S, selling them into the float and then cancelling restricted shares that remain, to reduce the O/S back down to before they increased? Wouldn't they eventually reach a point where all restricted shares are gone and they all end up into the float?