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Gold/Mining/Energy : Com Dev International

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To: Serge Collins who wrote (14)	6/8/1998 8:52:00 PM
From: Serge Collins	Read Replies (1) of 216

The market should bring the share value below $8 a share just to punish these scammers. Check out their proxy and see the amendment to the share option agreement. Believe it or not, this company has a share option buyback plan. Insiders can sell to the company their "in the money" options. That's a new twist, you don't even have to exercise and convert the options to stock. Makes it a hell of a lot easier to cash in those options. Sure sounds like people who care more about filling their own pockets than running a company. Its hard to stomach. I guess that's what it has come to, it's all about making a quick buck. Many of these companies are now running their entreprise as options factories rather than going concerns. You can see this ripoff at the SEDAR site. What a bunch of PRICKS.

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