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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: KCsunshine who wrote (5496)9/15/1998 10:15:00 AM
From: WRAP_IR  Read Replies (1) of 26163
 
KC

Thanks for the post. I respect your right to disagree - hey - I apauld it!

You and I, and maybe Ron will have to agree to disagree on one point. That is that the company insiders or shareholders, through rule 144, can file to sell if they have held shares over 1 year. Nothing wrong with that -- it is their right.

Now, according to my Track On Line system, last week there was 2 (if I recall correctly), fed filings for holders of 144 stock to sell stock.

In fact,look at Yahoo!. Insiders have been ansd still are filing to sell stock -- even with the press releases, even with the court case.

The company needs cash. That is obvious. They have limited access to the capital markets being a bb company. They will almost have to do a financing. in the meantime, insiders may sell when the paychecks stop coming -- just in order to keep the business alive. Again - nothing wrong with that -- as long as it is disclosed no hyped in order to raise the price and hence, more cash
Maybe the company isn't issuing the shares -- but there are sellers out there -- and they are seliing.

Good luck
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