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Gold Seeker

10/25/09 12:07 PM

#23889 RE: gaboy47 #23887

Do you think Moro is more than a tad frustrated right now? The latest pump on Stock Picks managed to trade about 3 million shares and the share price was shorted right back to 14 cents. The 13th day on the SHO list is when the SEC would force a cover if what Smithline is doing was illegal. I doubt that will happen as his broker is allowing him to continue to sell millions of shares. No broker is going to hang their neck out for Smithline or anyone else.

If Moro actually gets the S1 approved in its present form, he could be ready to sell stock upon approval but pricing at a substantial discount to 14 cents would be some really nasty dilution to raise $6.6 million.

BTW, were you one of the posters that said Smithline was a friend to BioCurex?