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locksmith123

01/09/13 12:04 PM

#84574 RE: MIKEY501 #84571

47 mil traded and down 20%....like i never saw that coming....fake bids @4 to off load shares @5....jmho
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MarketCaptain

01/09/13 12:11 PM

#84584 RE: MIKEY501 #84571

I'm glad they announced the A/S. They were asking for trouble by not having a enough shares left to cover conversion of Preferred Shares.

Even though they have no plans to convert they were technically operating in non-compliance. Now that has been cleared up and without a single SEC complaint by haters. They actually lucked out on that. Spared themselves all the bashing here a SEC slap on the wrist would have brought.