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realwill

06/28/10 9:55 PM

#5119 RE: roger wilco #5118

I have been away from this stock for a month now. Just got back in with a decent buy today. I would say this is ready for another good run up!
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Cassandra

06/29/10 12:04 AM

#5129 RE: roger wilco #5118

Surely you aren't trying to claim that the float today is the same as it was over 30 days ago!

With the hundreds of millions of shares traded in the last several days along with the share price tanking, you MUST realize that there has been very significant dilution.

As of the last update, the A/S was 4 billion, the O/S was over 2.1 billion and the float was less than 350 million. The recent trading profile would indicate that some or many of the O/S shares held by insiders have been dumped on the open market, thereby substantially increasing the float.

This should be easy to verify if the company was transparent and would allow the TA to give an update on the share structure to shareholders who inquire.

However, as has been stated here, the TA has apparently been gagged by the company and is not allowed to update the float or any other aspect of the share structure. The company itself also seems unwilling to update the share structure.

Get a clue people, it's the company and its insiders diluting -- not some mysterious hedge fund or market makers shorting.