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Microcap & Penny Stocks : Toups Technology Licensing, Inc (TOUP)

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To: GlenRP who wrote (203)4/15/1999 5:51:00 PM
From: Dan O.  Read Replies (1) of 317
 
Gee Glenn, I didn't think that the COMPANY had to file when an insider sold. I thought that the INSIDER had to file. Is Mr. Parago or Ms Lorenzen with their 750 share each insiders? Obviously not. Is AquaFuel-Dominicana an insider. If they only own 2.2% of the company, no.

The point of the prospectus is that a lot of people with preferred shares will be coming off the 1 year restriction and will be allowed to sell their stock if they want to sell. The company has an obligation to make the public aware of this, which it has.

I'm sure that some will take a quick profit and move on. Some were paid for their services in stock and have no desire to hold an unprofitable micro cap tech company. This selling will add to the volatility of the stock. And it will put downward pressure on the stock. The question is will it be greater than the fundamentals that are holding the stock up. I will give you the answer to that with absolute certainty. Next year.
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