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SammyTheBull

03/16/10 11:02 AM

#98318 RE: Booger Red #98316

no proof that the company has sold any discounted shares


There's a Reg D 504 outstanding: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=26650
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Sputnik

03/16/10 11:17 AM

#98323 RE: Booger Red #98316

I was just acknowledging didi's opinion that some of the selling could be due to panic selling. My diagnosis is most of the selling is from the "financeers" BW has been diluting (selling) shares. The "financeers" are in the business to make money like loan sharks do. BW needs money so he must pay the piper.