Charles,
This share deal was done on two separate dates. The first date was August 30, 1999 at $ 1.03 per share while fcm's closing price that day was $ 1.50. This was a 32% discount to market. The second was done on Sept. 15, 1999 at $ 1.03 per share, while fcm's closing price that day was $ 2. 375. This was a 57% discount to market.
As we know the cfo of fcm said on Sept. 1, 1999, this and I quote "whereby the investor purchases common stock at a very slight discount to market". Hey Charles, do you think firstly that this was a "Very Slight Discount To Market"??? Secondly, how would you have liked to be on the "INVESTORS" side of this transaction, especially with the immediate registration for the sale of these shares that you had just purchased at THE VERY SLIGHT DISCOUNT TO MARKET OF 32% AND 57% ???
One other note regarding "Free Speech", isn't it curious that when I make my posts all that you hear are curses, hypsters damning me and comments directed at me that belong in a grade school of children, that do not have the common sense yet to answer their peers through logic and facts. As you should note very little if anything is answered that I bring forward. It is always comments about me that have nothing to do with the issues raised. This again, in my opinion, is done by design to stop my posts. |