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10bags

08/27/12 3:31 PM

#23725 RE: stocktrader001 #23722

normaly there is a look phase that they must hold before sold

Russ49

08/27/12 3:34 PM

#23727 RE: stocktrader001 #23722

No, it would suck to see them selling their shares at .05., and it would suck for them. 2 mil shares at .05 would only net them $100K before taxes. I'm 100% certain that they want much more than that. More like $500K to $1 mil each, which means a share price of .25 to .50.

I'm out of posts. Have a nice day. Hopefully, tomorrow will be better, especially if we get some news.