Replies to post #697 on Vertical Branding Inc.(fka VBDG)

[umiak]

http://investorshub.advfn.com/boards/read_msg.asp?message_id=26053207

[Rawnoc]

Posted by: Rawnoc
In reply to: goingin60 who wrote msg# 648 Date:1/16/2008 6:48:29 PM
Post #of 705

Nah, neither of them are selling:

The REGDEX wasn't a "stock award" -- it was related to a private placement announced in November to RENN Capital who's senior VP sits on the BOD of VBDG at a fixed .60/share.

"The Fund acquired the Common Shares herein in the
ordinary course of business for investment purposes.
Robert Pearson, a senior vice president of RENN Capital
Group, Inc., the Fund's investment adviser, serves on
the Board of Directors of the Company."

RENN would have to file a form 144 or form 4, neither of which have been filed. So they obviously haven't sold 1 share.