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russo123

11/12/10 3:07 PM

#791 RE: stockmarketmadness #790

That's true. But now lets do some math. The good thing about math is it can't be spun.

If I recall correctly, he said he could have 25 million restricted shares there. If in fact that's true, 25 million plus the 7 million the company claims is in the float equals 32 million outstanding. The company claims to only have 29 million outstanding. And that's assuming there is noone else with restricted shares, like the old management. Someone has to have a controlling interest in this company. I doubt it's Mr. Jones and his friends. Anyone know how many restricted Mr. Saviano has?

So, if he is right and there's 25 million restricted shares he's aware of, outside of what the prior management and/or current management has, then the math does not add up.

Big Tom

11/12/10 3:21 PM

#793 RE: stockmarketmadness #790

I'll take the hit thanks

JB_Jones

11/12/10 4:55 PM

#800 RE: stockmarketmadness #790

What would stop shares that are three years old from becoming unrestricted? They simply need to be held one year and then show the transaction that purchased them. Any other details surrounding the certificates in questions is up to the SEC to decide as far as I'm concerned.

Besides, why do I care what the PPS is, I'll get paid $6 per share for these in February, right? "Shareholder of record" is anyone on the shareholder list. Why do ANY of you care what the PPS? It can go to .0001 and you'll still get $6/share, right?

You guys are also basing your information on "financials" posted to pink sheets 3 years ago...do you think nothing has changed since then?

So Mr. Saviano and all of these guys come in and get NO shares out of the deal? They have to go buy it on the open market through this buy back deal? Well that says they are complete idiots to spend $36M to buy the float of a pink sheet shell.

It's okay, keep dancing circles around the issues at hand.