Nice try. But your statement flies in the face of what we're seeing.
I don't wish to argue but you don't know that the earlier buyers are selling any more than anyone else knows that the PP guys are selling.
What we do know however, is that TSIG's IR person Paul Henry, a director of the company, one of only two or three and very close to RG, has been, how shall we put it, ahem... he's been misleadi, naw he's been lying to investors about a fact that cannot be explained away by "well I just wasn't aware...."
What we also know is that the PP formula, that was related to us to be in the public venue by RG more than 30 days ago, is nowhere to be found.
What we do know is that the issued share count has leapt from 28,000,000 in March of '98, to 57,000,000 shares in October '98 and now in January '99 to 90,000,000 shares.
None of the above is conjecture. It's fact.
Based on that fact I for one will not stand by and watch what I believe to be fairy tales be told just to make eveyone feel good. I'm pissed off. Just the same as the rest of you, I had, and still have to some degree high hopes for the opportunity that this company may provide for shareholder reward.
But these developements make me feel foolish for not being more thorough and being too trusting when in my heart of hearts I knew these things were being avoided for reasons that would bite me in the ass down the line.
Mski, REW, stop sugar coating this bitter pill. If it looks like a duck, walks like a duck, and quacks like a duck, then I have to go with the fuggin duck theory. No way this many shares from random traders would be selling into the float in the face of all this great press.
sword |
