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itlogic

08/05/09 9:57 AM

#2905 RE: Toxic Avenger #2903

I suspect you are correct about the pinksheet listing. My WAG is the next, or soon, filig will be a 15G (I think that's it) where ther will become a non-reporting company. If I'm not mistaken, it cost money to report to the SEC and PR's. If they have no money, then they will stop filing and unregister their shares from the SEC, which in affect will make them a pinksheet listing.

Again, if I 'm not mistaked, I believe the last few 10K filings were late due to the financial burden of filing on time. If they had some cash then and it was a burden, I can only imagine what a burden it is now.

Perhaps another possibility is that JED wants the shares lower for some reason. Maybe so they can convert their shares sub-penny. I'm not really up to speed on the logistics behind that. Anyway, if that is somehow possible, they could have made Skins managment agree to a slient period so no hype would drive the price back up. Just thinking out loud on that one.