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peptobysmol

01/11/08 5:31 PM

#48961 RE: thesource #48960

This may be a rehash but please humor me.
Phil, in the December PR Des retired his shares "to the company treasury"... Whats to say the "company" doesn't use these 1.2 BILLION shares as a money tap? Like issuing an S8 without the paperwork or knowledge of the shareholders... Slowly leaking shares into the market? (causing this downward spiral to continue) Is this even possible/legal? Just trying to see why all our $$$ is in the toilet.