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MorningLightMountain

01/21/08 6:03 PM

#14951 RE: techjunkie #14942

What about his 3.5M issued at multi year lows????.....or the other 5M waiting on the wings filed in the S-8????

and WHY are there apparently no +5% threshold filings for insiders???

me thinks you might have to redo the math on what Herda's REAL cost per share is.....you only forgot about the other 3.5M, granted for "free", and valued at .18 per share.....GREAT TIMING on that valuation pricing.....

"""On October 21, 2007, the board of directors authorized the issuance of common stock retention incentive grants to the following members of the company’s management team. The company has not entered into any employment agreements with any of its officers.

1. Patrick Herda, Company President, CEO and member of the board of directors, was granted 3,500,000 shares valued at $630,000;

2. Kenneth Faith, Company CFO and member of the board of directors, was granted 600,000 shares valued at $108,000;

3. Jack Young, Company Vice President, was granted 400,000 shares valued at $72,000; and

4. John Powers, member of the Company’s board of directors, was granted 150,000 shares valued at $27,000."""