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To: RAP who wrote (2768)1/17/1998 2:25:00 PM
From: Tomas  Read Replies (2) | Respond to of 3906
 
Your'e right RAP, I believe, and someone will probably want to verify this, the form 144 requirement is to file within 30 days after the sale. I'll go to EDGAR and check myself.

I find it incomprehensible that the two primary managers of a company could purchase and hold millions of shares of stock in their own company, without some form of restriction on selling. After all they are insiders in a big way and certainly subject to the same scrutiny that all other company officials (of other publicly traded organizations) would be held. Of course if its a scam, its a scam, and I am certain they have read the rule book.

One would think that Waite would have listed sell time limit restrictions in the news release. I will be interested in reading the following SEC filings to get the straight poop on this one. I assume they will have to file a form 8-K. Am I right Afaq?

Things are either getting better in a big way or worse in a big way.

Tom