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markeddy998

07/21/10 4:30 PM

#23078 RE: alge7983 #23077

Reasons:

Weren't the shares they gave RJ are restricted? There is no way he can dump them out onto the market so soon. That is pretty obvious based on all the other postings that shares received in the merger/acquisition would be preferred IIRC which would be restricted.

As for DME, you will have to point me to the PR that stated they got shares in exchange for representing SDVI. If you cannot point out a PR that states that, then I stand by my statement from earlier.
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machias

07/21/10 4:34 PM

#23079 RE: alge7983 #23077

This will be the first pink to ever raise the authorized and secretly buy back if that is the case. Sponge said they were buying back shares while raising the authorized multiple times while secretly selling restricted shares and we all know how that turned out.
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FD2you

07/21/10 4:40 PM

#23083 RE: alge7983 #23077

Just because they increased the A/S, does that mean that they MUST be selling those shares? What if they did that just to tank the stock and "quietly buy back"? I know that is a desperate hope, but it's possible that this could all be part of Ken's genius master plan.

I suppose that the sell-off sessions we have been seeing are the clue to dilution, so I guess I should just go back to shutting the hell up and get back to work.

Maybe they are selling to get more money to do a buyback. :)