Why is that surprising?
I guess you haven't been involved in many
penny stocks before this one.
Your question should be, why is the "manager" of
SEAWAY VALLEY FUND shorting stocks, and what stocks
is he shorting?
BTW, who are the "members" of SEAWAY VALLEY FUND that bought
"Membership Units" for $1.00 a unit?
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Membership Percentage" means a percentage established for each Member on the Company's books as of the first day of each Fiscal Period. The Membership Percentage of a Member for a Fiscal Period shall be determined by dividing the amount of the Member's Capital Account as of the beginning of the Fiscal Period (after adjustment for any contributions to the capital of the Company which are effective on such date) by the sum of the Capital Accounts of all of the Members as of the beginning of the Fiscal Period (after adjustment for any contributions to the capital of the Company which are effective on such date). The sum of the Membership Percentages of all Members for each Fiscal Period shall equal one hundred percent (100%).
"Membership Unit" means, with respect to each Member, the Interest held by that Member and representing a Capital Contribution of $1.00 per Unit.
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ROLFMAO, NOW I HAVE HEARD IT ALL. TOM SHORTING HIS OWN STOCK!! I bet the CD holders aren't to happy with him!!