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99leadballoons

12/18/09 11:04 AM

#55539 RE: Renee #55536

The float could be 930 million and the insiders could still hold 325 million shares.

Insider holdings on Pinkies don't work in the same way. JD is not required to file forms for his ownership and the TA wont simply work out a number for the float.

When a Guardian gives out the float they take the O/S and subtract the restricted shares that are on file. If the insiders dont hold restricted shares, their holdings will still count for the float, unless they file forms.

CSykes

12/18/09 11:56 AM

#55559 RE: Renee #55536

I think probably because he has already stated they intended to hold on to them. All everyone is doing on this message board is working each other up with their conspiracy theories. If I was JD I wouldn't pander to the gossip on this board either. A good CEO doesn't worry about his share price, he focuses on growing the business and the share price will eventually follow.

One week everyone trusts JD to babysit their kids, then the price of the stock drops and he is Satan's spawn. I just don't get it to be quite honest. On second thought I do get it but it's probably best I keep my opinions to myself.

If I've learned anything while working as promoter/IR in the OTC, is that these message boards are only good for one thing and that is comic relief.

The stock has slipped simply do to lack of demand versus the supply available. That's it.. no other reason.

I do want to thank all of you however for your efforts in fomenting so much distrust and skepticism. I've managed to pick up a fairly decent sized amount of stock :)

And.. no.. I'm not being compensated lol.. Just here to make a few bucks on all the blood in the streets.