Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Kevin Podsiadlik who wrote (105307)	11/19/2008 1:30:22 PM
From: anniebonny	1 Recommendation Read Replies (1) of 122087

“Well, now I’m screwed,” Cuban told Mamma’s CEO. “I can’t sell.” Take your pick! google.com:IE-SearchBox&ie=UTF-8&oe=UTF-8&sourceid=ie7&rlz=1I7ADBR One article said it was in the complaint: According to the complaint, the Mamma.com CEO emailed Mr. Cuban asking him to call him as soon as possible. Mr. Cuban called four minutes later from the stadium where the Mavericks play, and they spoke for eight minutes and thirty-five seconds. The CEO began the call by telling Mr. Cuban that he would have to keep the information he shared with him confidential, according to the SEC, and began to discuss the PIPE offering. Mr. Cuban became upset during the call, said he didn’t like PIPEs because they dilute shareholders and said, “Well, now I’m screwed. I can’t sell,” according to the SEC complaint.* The CEO then relayed the information to the then-executive chairman of the company, who sent an email to the board members recounting the conversation. “As anticipated he initially ‘flew off the handle’ and said he would sell his shares (recognizing that he was not able to do anything until we announce the equity) but then asked to see the terms and conditions,” the email said, according to the SEC complaint. hitspot.com

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