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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote (75161)12/21/2000 9:11:18 AM
From: LANCE B  Read Replies (1) of 150070
 
DPCH-THESE PROMOTERS ARE SO DESPERATE TO MOVE
THERE 3.5 MILLION SHARES THAT I WAS RIGHT,THEY ARE
NOW ON THE FLORIDIAN SHORTER
SO THEY HAVE TRIED CANADIAN AND EUROPEAN..
SOONER OR LATER PEOPLE WILL REALISE IT IS NOT A SHORT
AND JUST THEM DUMPING 4 MILLION SHARES INTO THHE FLOAT...

We will have a huge short squeeze here. We just figured out another hedge
fund at Florida is shorting the stock, because they want to get the cheap
shares via financing the company. But the company rejected the proposal.
Their guy (Lance Burgs, aka, lancebps) is crazily basing the stock now at
Ragingbull. This guy called the company asking for the cheap shares, 30%
discount to the market price. The company said no! Right now the short
position could be as high as 2 million shares while the entire float is
about 1 million shares. This guy has also claimed the PR guy is selling the
shares. It's bullshit, because all of the free trading shares have been
locked up and it's a legal binding. It's pretty like an IPO, all the shares
must be locked up for 6 to 12 months before anybody will put a deal together
like this one.
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