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 : Amazon Natural (AZNT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ellen who wrote (5521)9/15/1998 11:19:00 AM
From: bmart  Read Replies (1) of 26163
 
Ms. Ellen,
And as a caveat. If the 144 shareholders filed with the SEC to sell. They can only sell in 10% increments and on upticks. Also, the restraining order calls for over 4.4MM shares to be bought in the open market and returned to the TA. The 144's are a non-issue.
Secondly, after the shares have been purchased, the freeze will be lifted at the DTC. Shares will be called into name. Approx. 1.5MM shares are in safe & friendly hands. They will be called into name immediately. Then you will see a squeeze as the need for paper becomes critical, since the market has been made naked since the DTC freeze on AZNT.

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