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News Focus
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camper9

01/21/09 6:03 PM

#50732 RE: frogdreaming #50731

Dumped by whom?

      ¶ It is the shares being sold at .0001 that are the ones being dumped.
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Ely

01/21/09 6:04 PM

#50733 RE: frogdreaming #50731

The company is not dumping shares and everybody knows that. Stay tuned for next weeks PR. You will be less confused here.
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hotdog1012

01/21/09 6:15 PM

#50739 RE: frogdreaming #50731

But that doesn't make sense...

If Gene introduced more shares into the OS (from the AS), he either sold them (at current prices) or he entered them into the OS a different way (as restricted shares).

In either case, the OS would increase. In either case, we know factually that he has used restricted shares to acquire other companies and form partnerships and joint ventures.

In the first case (Gene dumping), he would make very little money (when you add it up over the past few months) and dilute the value of restricted shares he used to purchase other companies, thus creating very advesarial relations with his partners...a quick and sure way to kill your partnership.

In the second case, that would mean he didn't sell the shares, they didn't enter into the float, and thus that means that what is trading are Naked shares, right?

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hotdog1012

01/21/09 6:17 PM

#50742 RE: frogdreaming #50731

I also disagree with your statement that it is only the company that can make money selling at .0001

That is patently false...by the preponderance of evidence, examples, litigation by the SEC, regulations addressing short selling, etc.

Are you saying that naked short selling is a complete myth and it doesn't happen?

If it does happen, who makes money from NSS...the company or the MM's?
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Overtime

01/21/09 6:46 PM

#50753 RE: frogdreaming #50731

Be serious. The reason for the NSS is to attempt to keep the company down, and as far as they are concerned, never recover. They will get hurt here.
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Newby

01/21/09 7:12 PM

#50769 RE: frogdreaming #50731

frog you know thAT THE COMPANY ARENT THE ONLY ONES THAT CAN PROFIT AT SELLING AT 0001, tell the people the truth,,,,Oh wait ,,,you cant handle the truth,,,,at least thats what jack said,,,,its a shame people are going to jail lately and people cant be civalized,,,