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Mikey

03/01/11 4:01 PM

#6620 RE: tiger18 #6617

well the point i am trying to make is that it doesnt really matter if they are common OR restricted........the xfr agent would have tagged them as affiliate EITHER WAY because of the quantity............therefore, they are limited to 1% of the i/o per quarter......even if they are COMMON shares!!!!!!!

samsamsamiam

03/01/11 4:08 PM

#6624 RE: tiger18 #6617

"THe 500 million increase in outstanding shares and in the float were for the purchase of outstanding debt that was converted to common shares. the common shares were not restricted for debt which was over a year old.But the group that bought debt is same that was and continues to makes investments into the company for 144 stock.If they dumped stock it would hurt their long term position.why would they do that.It would kill their investment group.This company has put hundreds of thousands of dollars into company."



Do you have a link for that information?

BOOSJIM

03/01/11 5:05 PM

#6640 RE: tiger18 #6617

You are on the right track Tiger. I can confirm that