Replies to post #1342 on TXP Corporation (fka TXPO)

[jmack3265]

IMO, it is merely a prearranged transaction between TXP & Von Ehrs either through YA Global or out of Shores holdings.

Re. "Another question: since the trade was done after hours, what will the "last price" show when the market opens tomorrow? The heart of this question goes to transparency: if the last price stays at .64, wouldn't public perception be mislead (the very gremlin whose demise is the aim of so much securities regulation)?"

I would guess that will depend on if ask side of L2 holds tomorrow but with such a low float, and hopefully knowledgeable individuals that hold that float, the ask will not change significantly. We have run up considerably and in my view, primarily from the Adtran, TLAB announcement and the article in the Dallas paper acted as great confirmation. In my view it is important that we establish a new base now from the old base of $.31. Whether that new base is $.40, $.50 or $.60 I don't know.

TXP is currently running on news which can make the trading volatile in and of itself until concrete numbers are filed in a Q. I sense that Shores is aware of this and does all he can under the circumstances, staying with in the guidelines of compliance, transparency and with the best interest of investors especially since he is the largest share holder.

IMO, I am glad that in this case it was done after hours and executed in this manner. This gave investors the opportunity to first view the 8K and understand what was actually transpiring and at the same time addressing your point on transparency. The potential shock of having TXP trading at $.60 and drop to $.40 on that volume without first hand knowledge of the 8K would have been interpreted negatively with a knee jerk reaction otherwise, so I believe this was handled well.