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z4lover

08/13/09 1:28 PM

#164238 RE: cashdenuts #164236

Yes if you want to get into philosophical arguments only thing you really can prove is 'I think therefore I am.'

however we live in a physical world, and we can prove things such as holdings.

to simply say that he doesn't hold these shares because he hasn't put forth a 13 g doesn't mean anything.

Go back to when he claimed he owned 40 million shares prior to the 13g... everyone thought he was full of it and said that his position couldn't be proven...
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Carpedeim357

08/13/09 3:00 PM

#164335 RE: cashdenuts #164236

Cash I think Doug, SM etc know what they own. You can think what you want. The legit shares are gone. They hold more then total issued by SPNG into the market. RME share as they said never to be sold and restricted by Sec rule 144 as well for 1 year.

Believe what you want. When next filing hits and we see the reductions they told us once again they do what they say in the pr.

Keep doubting won't change the plans they've had since 08.

1. Build results to qualify for Nasdaq with restricted shares issued to rme never to be sold.

2. When company becomes self funding start taking back shares issued and retire them.

3. Move to Nasdaq by retiring back to under 200 million. They even stated back on 08 that was long term plan for share count.

Like I said they tell us the plans and make them happen when time is right. I see plans stated happening.