CMTR-CHEMTRAK FDA OK Message Board

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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: J.B. Piper who wrote (356)	2/23/1997 7:28:00 PM
From: jeeza	of 1172

doesn't look good this is what I understand Singh filed this statement becoz he is longer a holder of more than 5% of the outstanding common stock in short he has been selling his position in recent months the past two rallies where the stock went to 2 5/8 and 2 1/4 the document also says that out of 481,227....208,143 will be acquired within the next 60 days as a result of stock options those same options which did not require shareholder approval this STINKS the big question is ??? why is singh selling is he leaving the company ? is this some sort of golden handshake or is management making money at shareholder expense very troubling questions it very much bothers me to see that the chairman is selling at these prices if more selling continues....I am thinking of writing to the SEC about this the company said it needed urgent money...so they redeemed the warrants but it doesn't look that way....looks like Singh is benefiting from those warrants I would like every responsible shareholder to call Alene and ask 1. who were the beneficiaries of those warrants 2. why is singh selling his shares at such depressed prices other questions 1. astra-merck deal was to be launched first quarter its almost end of feb...whats up ??? 2. where is the damn national advertising campaign for Cholestrak 3. HIV test ....over 6 months and nothing on the horizon is Singh selling his position knowing something which we don't know possibly rejection of HIV test don't be good to these guys (IR/PR)....they are playing with OUR money...and they should answer our questions its time investors played hardball with management

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