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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security

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To: Dave Gore who wrote (419)5/7/1998 12:22:00 PM
From: rharris   of 2534
 
According to Dale Paruk (ALYA's IR guy):

"Ex-employees registered for sale some large blocks of stock (3 @100,000 had been registered) and became available for sale after March 1, 1998. Those employees are no longer with the company and the rest are all small share holders. Don't forget the company started two years ago and there some people no longer with the company.

Many of the original small shareholders had never owned restricted shares and have been advised to register them which is a prudent strategy for all investors. Because none of these shares could be registered before March 1, it should be expected that several shareholders would be registering now. That doesn't mean that these shares are going to be sold, and in fact several of these shareholders are key employees who are very positive on the company's future."

What this means to me is that there are a small, few non-commited, ex-employees out there selling. Once these shares are gone I look for things to happen......

Richard
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