Replies to post #439 on Asia Properties Inc. (ASPZ)

[Piecemaker]

Btw, I had a GTC limit order at .17. It filled at .13. So somebody really dumped with little regard to monetary gain, as someone pointed out earlier.

Was it a margin account being liquidated by the brokerage?

We'll find out.

[Piecemaker]

Just got this reply to my inquiry from DM, our CEO.

"Piecemaker,

We suspect that one of our shareholders was liquidated via a margin call from his brokerage firm. There has been no material event from the Company business side to explain such a sell off. When we went through the trading logs the next day, we found that 500,000 shares were all sold in 26 minutes!


Regards,
Daniel Mckinney"