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copleybmt

01/29/09 12:35 PM

#25547 RE: SLEE123455 #25546

The solution to dilution is to wait for the bottom then buy the crap out of the stock. Any predictions on the bottom? Because after around 3 years of lurkig and thinking the stock got away from me, I have yet one more chance at loading the boat with cheapies!

Bottom?
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bbhuey

01/29/09 1:03 PM

#25553 RE: SLEE123455 #25546


According to my analysis software it says that
the trend is driven by strong forces and insiders.

I think the company is selling shares to raise funds.

Since last Friday somebody with a big supply of shares
has been seling in 20,000 to 40,000 share batches

The Lajolla Financing promissory notes done 11/07
when the stock was $.52 or so had a provision in it
that the stock cannot be below $.38 or $.25 in which case
CTGI has the option to buy back the promissory note at
118 % of value.

The 8 K that was filed only that Lajolla gets the shares at their election at 80% of the average value at the time of election or CTGI pays them back at 118% of value.

It is unclear as to what is happening but it could be the company selling shares to avoid significant dilution
on these promissory notes.

Anybody have any clues?

Regards

bbhuey