I received an email on this company the other day and though I would check it out.
WOW - what a battle.
Anyway, could someone please take a moment (hype and bash is fine) and answer a couple questions?
1. Is there validity to the claim that JB Oxford was not named in the law suit?
2. What happens if Mr. Mann et al do not have the money to buy back the stock. If this is a civil case, and all the money is off shore, would AZNT simply obtain a judgement until those funds are (if ever) repatriated.
3. Why did the company issue a boatload of stock to these guys anyway?
4. If the "short squeeze: is allegedly going to take place, why would insiders file to sell, not only what is posted on Yahoo from 8-26, but this week (2 times) as well. That smells funny.
5. What is the float, outstanding, revenues and profit(loss) before and after this little mess.
5. I have seen and heard that the next "scam" is a stock dividend issuance to call in the certs. With the exception of TGSK, it has often ended in a crashing share price. It would appear that the typical "call in the certs" ploy never works without dangling the "dividend carrot" out there. When the stock is called, the price does shoot up, leving insiders a free reign to sell, while investors stock is help up at the transfer agent. Any opinions?
I appreciate your time. Thanks in advance. |
