SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Porter who wrote (2250)6/10/1998 9:40:00 PM
From: blair holder  Read Replies (2) of 2897
 
Jim: nobody has sold shares. These were (correction) 144 registrations. They are filed quarterly. If they don't file these then they could not sell any shares even if they had to until the next quarter.

You are right it takes time, but they have no intention of selling shares at these levels (unless they had to cover living expenses).
The 144 is like an insurance policy to them.

Jim, none the less your points are well take.
You can probably confirm this in Edgar.
All above, to the best of my knowledge.

Blair
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext