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coolerheadsprevail

11/01/13 2:38 AM

#11951 RE: Alleyba1 #11950

without seeing a copy of the lending agreement that post was pure speculation but since it is a lending agreement PERHAPS there is lending for collateral purposes.


Agreed that it is all dangerous speculation at this point given the absence of any terms that have yet to even be agreed upon for either the Share Lending Agreement or the Subscription Agreement. Until such agreements are actually effectuated and terms known (hopefully they will be disclosed), it may be best to table further hypothecation on the matter. Until then, any suggestions of the financier will borrow shares for purposes of shorting the stock are just as unfounded as suggestions that the borrowing will be benign and that there is nothing but smooth sailing and blue skies ahead. As I stated in a different post, once borrowing begins as well as once Subscriptions are effectuated, the tape will tell the tale.


As to Urbanski his selling did not come in July when we ran to $1.05.He had that stock for at least 18 months. He is entitled to make money and perhaps there was a reason unbeknownst to us why he sold.I am not bothered by it. I think his selling is a non event and did not hurt company and maybe as I said there was a purpose behind it thatwe are not yet privy to imo


Not sure why you are including this blurb in a reply to me as I have never commented on this topic before; but FWIW, I have never had any issues with him selling any of his shares. As others have pointed out, he never sold when the sp heated up into the $1 level, so that says something. And the shares sold were but a fraction of his holdings (I believe he still holds 19.5M shares), so nothing noteworthy IMO. Of course, if he continued to sell large blocks daily for days on end, then that would obviously be a red flag for much different reasons. But he didn't do this, so no issue on my end re: this insider sale.


Appreciate your continued contributions, Alleyba...