News Focus
News Focus
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TallRob0

06/02/09 9:53 AM

#21026 RE: Sprocket #21024

sometimes its the T/A company that mandates its. They just dont have the ability to handle hundreds of calls a day for number checks. Other times. when a company r/m's into a new entity. The gag from the prior company is left in place for unknown reasons. Attorneys love to tell companies to have the T/A gagged. Lastly, Its gagged so the company can dilute into runs. But all you have to do is learn to read the CMF to see if they are diluting.
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phrantic

06/02/09 9:55 AM

#21027 RE: Sprocket #21024

Sprocket, in this case F-3 was going on advice of their attorney which, IMO, was not good advice. Attorneys are attorneys, they are skilled in matters of law, but most are definitely not skilled in stocks or the stock market, they use a broker for that. A little research on the attorney's part would have revealed that gagging a TA, especially when residing in the Pinks, is not a smart idea, especially in light of the fact that F-3 has always provided stellar illuminating transparency to its shareholders. IMO that is the ONLY reason we are seeing what we are seeing.