News Focus
News Focus
icon url

flaflyersfan

05/07/12 12:21 PM

#12459 RE: razorback74 #12458

razorback74, the 5,000,000 S-8 shares were all free-trading as of Friday and can only be used to pay insiders and consultants. They cannot use them to buy groceries or put gas in the car so they must be sold into the market to be worth anything.

It is more likely that the S-8 shares come to market in the current .20-.30 range while shares held through the Reverse Split are still tied up.

Typical penny stock management move.

Good luck.