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Oxonius

03/03/11 11:26 AM

#12928 RE: lbman #12927

The sister company GMND (Green Mountain Development, formerly Sub-Surface Waste Mgt SSWM) just traded up another 50%+ at a penny and a half with 377,000 shares traded. That makes it about a five bagger over the last week or so. They did a reverse split a couple of years ago so the OS float is very low (49.7 million, I believe). A while back BUGS owned around 60% of this issue (and Brehm, also the GMND President, must also have a large personal holding) so why has there been no corresponding runup in BUGS value? Or is that what we should expect next?