Replies to post #4174 on Avalon Technology Grp (fka AVLN)

[chisox pat]

The only way anyone would take that deal is if they could short against the restricted stock, which would not be good for shareholders.

[chisox pat]

If I came to you and said I need to borrow $1.75 million for a couple months max and I'll pay you 10% interest just to hold the money for those couple of months and I will put up as collateral say 10 million of my restricted IDWD shares (worth $3.5 million), what would you say? Now, I'm not a banker but that sounds like a reasonable deal.

The only way anyone would take that deal is if they could short against the restricted stock, which would not be good for shareholders.

[matrix]

IMO Patty is pumping way too hard not to be diluting here. Over on RB, he/thewatchdog said a couple months ago there was like 3 to 3.5M in the float, and he was buying up what anyone was selling. Datatech also claimed (s)he was buying. wink wink If this were true, there wouldn't be 5M in the market to repurchase right? Unless of course, they've been dumping while hyping their little heads off.

More than likely this is the insiders playing around w/ their own holdings again. If they were purchasing on the open market, they would have to comply w/ Rule 10b-18 otherwise be vulnerable to a lawsuit for stock manipulation: http://www.law.uc.edu/CCL/34ActRls/rule10b-18.html .

[solid_research]

Nonsense, yankee. A bank would not touch restriced shares in a non-reporting company run by a person with a history of securities fraud as collateral for a loan.