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frank69

12/02/10 6:41 PM

#193482 RE: LC-GATOR #193479

I'd have to really look but I suspect the dumping was timed with PRs, tweets, twits, morse code and smoke signals coming from the "company". That makes it even more criminal.


ALL IMO
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Basser1

12/02/10 6:42 PM

#193483 RE: LC-GATOR #193479

Hey at least you didn't lose anything since you sold out years ago!

Basser
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DonVaBeach

12/02/10 6:53 PM

#193491 RE: LC-GATOR #193479

Here's what really pi**ed me off:

From today's 14C: "...in connection with action taken by the holders of a majority of the issued and outstanding voting securities of the Company, approving, by written consent dated November 8, 2010, the amendment of the Company’s Certificate of Incorporation (the “Amendment”) to effect a reverse split of the Company’s common stock, par value $0.001 per share (the “Common Stock”) based upon a ratio of one-for-20 shares..."

Remember the 10-Q, which was filed on November 22, 2010?:

"Notes to Financial Statements....
5. Subsequent Events
"The company has evaluated subsequent events from the period September 30, 2010, the date of these financial statements, to the date these are being filed with the Commission. Pursuant to the requirements of FASB ASC topic 855, there were no events or transactions occurring during this subsequent event reporting period that require recognition or disclosure in the financial statements."


If a 1 for 20 R/S voted two weeks before the release of the 10-Q to the SEC isn't a significant subsequent event, then short of a bankruptcy filing, I don't know what is!

IMO