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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB)
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To: Louis Riley who wrote (1165)2/11/1998 4:36:00 PM
From: flightlessbird  Read Replies (1) of 1574
 
Thanks for the update Louis. I spoke with Damian awhile back about shares and I think people need to recognize something about the 10M restricted shares. They are owned by 3 insiders. When those shares lose their restrictions later this year, ACCY should be a reporting company by that time. Accordingly, if I have my numbers straight, insiders are only permitted to sell 1% of the total number of outstanding shares per any 90 day period (and obviously they must report it). Just trying to preempt an argument that some will inevitably attempt to assert with respect to dumping. I don't believe that should be an issue at all. As we should be nearing our second tournament around August, I think Damian and David's concerns will not be with share counts as much as it will be focusing on listing with the NASDAQ small cap board. I am very glad to hear that news re: new sponsors, a full playing field and a forward march are underway. Keeping my fingers crossed for those news releases. As we near tournament time, I believe excitement for ACCY will absolutely solidify. Can't wait to invite my friends over to watch MY tournament. LOL Good luck fellow accy holders. Hoping for a strong run as news is delivered and tourney time nears.

Flightlessbird (flying high)
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