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gotinearly

09/08/00 9:43 PM

#494 RE: Duly Diligent #493

explain "Accounts receivable in the hole by $1,240,000"

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subdriver

09/09/00 7:40 AM

#507 RE: Duly Diligent #493

Perhaps the large volume of shares being sold is not unexpected, given the huge run-up this stock has seen this year. There are a lot of shares out there that were purchased under a dollar, so selling for a sure 10 bagger may be appealing to individuals who want to use the money for other purposes or who don't have a long-term investment perspective. The fact that Mr. McBride is by far the largest shareholder (I believe he has more than 6M shares) gives me some amount of comfort that he will do the right thing for the company in the long run. He has much to gain or lose by his actions.

New topic - anyone know why SEVU doesn't have a "Profile" on Yahoo like other OTC-BB companies have?

Subdriver

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ender

09/10/00 10:16 PM

#551 RE: Duly Diligent #493

DD - I was catching up on posts

When I came across one of yours from Friday.

IMHO I think you hit the head on the nail when you said that the 936 units sold may have been to the Dealer Network. As I've said before I wish the PR department was more "clear" in their releases. If it is dealers, then as long as they sell them and keep ordering it's fine with me.

Also, someone was selling into news Friday. I wish I knew who and why. I checked Telescan Rankings for relative Insider Rank among OTCBB companies to see if SEVU's position had changed recently. Last month SEVU's insider rank was 86% and as of today it is 87%. In other words, SEVU was in the top 14% last month and is now in the top 13%. Doesn't look like there were any insider sales Friday. Still it does appear that either someone thought they had a "better investment" soon or they were strapped for cash. Of course, I'm sure there are things that happen on OTCBB that I don't know about.