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marianothis

02/05/08 3:15 PM

#3546 RE: andre1234 #3545

andre,
The story is something like this. The company (an investor)tries to set up a bid with a 1.3 billion bid. NITE "accidently"(sp?) shorts a portion of it (630 million shares). The sellers still show up at .0001. The company finds out who the sellers are & upon further investigation realize they can buy the shares in a private transaction for less than .0001 (long-investor please disregard that portion of this post) so they start negotiations. Once completed news will flow & the investors can breathe again. I don't know where in the process we are but am hopefull someone will get a clue soon, very soon.
regards longs, buddy