InvestorsHub Logo
icon url

slowmover

11/09/10 10:45 PM

#3678 RE: biolover #3677

From what i understand from today filing Clarus have stop
selling.The 1.2 million shares today is the last lot Clarus gonna unload.


Item 4. Purpose of Transaction
All of the Clarus I Shares (as defined below) were originally acquired for investment purposes. Depending on market conditions, their continuing evaluation of the business and prospects of the Issuer and other factors, the Reporting Persons plan to dispose of additional shares of the Issuer; provided that any or all of the Reporting Persons may (depending on market conditions, its continuing evaluation of the business and prospects of the Issuer and other factors) continue to hold the Clarus I Shares and/or acquire additional shares of the Issuer. Simon vacated his directorship on the Issuer’s Board of Directors in April 2010 and no longer serves in that or any similar capacity on the Issuer’s Board of Directors. Except as set forth above, none of the Reporting Persons has any present plans which relate to or would result in:

(a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;