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Microcap & Penny Stocks : SFAD @ .05 8 million shares traded Friday Whats up

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To: ajcmr who wrote (82)7/9/1996 2:17:00 PM
From: Derald Muniz   of 88
 
I found this thread and went through all the posts. I was wondering if any of you are still playing this one or not. The fact that an insider is selling this amount tells me that he was trying to take advantage of the .055 price at the time. This insider also is keeping twice that amount in his holdings. Is this a bad thing for SFAD?
We have been waiting for the news, and my understanding is that it could take up to 5 months to hear anything. A lot of folks have been attempting to contact the FDA, but they are tight lipped.
Any new news/comments/concerns out there?
Thanks
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