Re: S&L, SO, Warrant Mess, Temoto and dotOB...Someone
in response to
by
posted on
Dec 12, 2006 04:58PM
well, it seems to me that if i wanted to trade a stock and i am considered, by sec regulations, a major holder that needs to notify the investment community via a regulatory board that i am going to be trading the stock then to leave a loop hole that would allow the trader to dump shares from one end while replenishing the supply from another would be what i would call a "shell company". if he needs to maintain the threshold of under 10% and is allowed to dump and refill his positions without any monitoring then i can now see why we move down everyday regardless of the news. i do not completely understand the sec regulations. but if this is legal, then the S&L group needs to be completely removed from this position of strength before ptsc can be taken credible. if this is s&l's doing, then we are a ship without sail, guidance or rudder and the company is basically S&L's until our BOD finds some balls.
t'moto