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SteveF

03/10/10 2:36 PM

#32515 RE: Rawnoc #32514

The transfer agent already confirmed that zero share have become unrestricted since JBII`s birth.

You can't say that definitively. New restricted shares could have been issued while restricted shares were becoming unrestricted, making no net change.

Also, no explanation has been given for why the number of restricted shares only dropped by 19 million when the CEO returned his 21 million restricted shares last week.
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Scandle34

03/10/10 10:36 PM

#32557 RE: Rawnoc #32514

Rawnoc,

That does not prevent Kidd from hypothecating them offshore and effectively selling them. It's a tempest in a teapot nonetheless. The simple fact is that those shares would be a transient selling pressure but would introduce much needed liquidity.

This may be an "ihub" story stock or it may be lighning in a bottle. Doesn't matter. It's a traders nightmare with a 10-30% spread and less volume than the Sarasvati river... (It dries up halfway from the Himalayas to the Indian Ocean...)