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terry_mathews

12/21/13 9:15 PM

#51748 RE: kgb1 #51745

so you really think that nothing issues over the past 6 months is locked up? Really?

If you take the shares between June and now and lock them up then the free trading shares is about 542M shares which is the number of shares issued since the end of May. Now at an average volume rate of 1.5B shares traded per month that would be a mighty interesting story to tell.

how does the entire O/S trade 3x over per month for 6 months with all those shares locked up?
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common_cents

12/22/13 6:12 AM

#51773 RE: kgb1 #51745

READ the filings again......on the conversion issues of the Beaufort "escrow" or otherwise known as "reserve" account on teh conversion features.

Here's the BIG problem now....the underlying derivatives suggest that the Company has NO choice but to either raise the A/S or do a R/S....

Look I was VERY long here, still have a few shares left...I got burned. After reading the 10 K and watching the "tape" after "good news" and seeing the stock drop by 50 percent.....NOT GOOD.

Stocks don't usually lie.

CC