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Makamai

08/26/08 7:47 PM

#1158 RE: fsmith1952 #1157

Fsmith - As far as the company goes, Chad A. Curtis is VP of Corporate Sales, and Chairman of the Advisory Board but he is no longer a Director/Officer of the company. I also doubt that he owns more than 10% of the diluted shares. As a result, per the 10QSB, he gets paid in stock and like anyone else, needs to put bread on the table. Therefore he could be selling some shares as well as others who have been paid in stock. Per the SEC, (1) DIRECTORS, OFFICERS, AND PRINCIPAL STOCKHOLDERS - REQUIRED TO FILE.—Every person who is directly or indirectly the beneficial owner of more than 10 percent of any class of any equity security (other than an exempted security) which is registered pursuant to section 12, or who is a director or an officer of the issuer of such security, shall file the statements required by this subsection with the Commission (and, if such security is registered on a national securities exchange, also with the exchange).

I can't imagine anyone else who would be selling at the present time unless they absolutely had to for personal reasons. That brings me back to MM funny business.

Makamai


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stocktrader1120

08/26/08 8:21 PM

#1160 RE: fsmith1952 #1157

Its definitely market makers , they held back the last trade to close down, they are scared and someone is going to have a margin call imo