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Microcap & Penny Stocks : Consoldated Capital Of North America (CDNO) -- Ignore unavailable to you. Want to Upgrade?

To: OLD JAKE JUSTUS who wrote (1011)	1/10/2000 11:05:00 PM
From: CIMA	Respond to of 1078

It just means that everyone who has filed 144 shares have 90 days to sell them after they have filed or they must file again to get another 90 days. I'm posting the filings as part of DD. It's pretty obvious they are selling IMO. I tracked down Jay Smith, one of the convertible 144 holders, and he said he was thankful to have the opportunity to sell into such great volume. However, he also said the stock could very well go up from here if management got a good play into the shell. He, as an investor, was simply moving on.