To: hammer who wrote (624 ) 3/11/1999 4:17:00 PM From: DizzyG Respond to of 1119
As usual, Hammster, you are wrong... You state:Once again Diz makes a correlation between BIGG and AGTI which is baseless and purely negative conjecture. Message 8265117 I believe there is a correlation between AGTI, GGNC and BIGG. The most obvious connection is that the Bingo Boys worked for all 3 companies. The most interesting issue, however, is a theme from all 3 companies with respect to accurate reporting of shares in the float. Ironically, discrepancies in the share count all occured while the Bingo Boys(aka the Fleetwood Gang) were employed at the offending companies.GGNC Discrepancy: However the share count got from 4 to 20 million would be of interest to shareholders.ragingbull.com Also refer to the GGNC thread at SI. This question is asked frequently: The guess is from 19 million to 21 million, IR does not know, Also you should not ask how many shares are out, that is a question on this board the investors do not like to hear asked, it is considered bashing the company. And how many shares out is not important because they are growing.Message 8029922 BIGG Discrepancy: Hey hammer, if he said 25M shares authorized, that is wrong. The Florida Amendment to the corporate charter of Bingo.com clearly makes this number at 50M. Message 7727939 I did get a return call from Chris - he said they were wrong, they do have 50,000,000 shares authorized, no excuses - he should have caught the 25,000,000 number we spoke about and I submitted in my report. Message 7736722 My most recent on discrepancies:Message 8249800 In essence: "What we got here...is a lack of communication" Cool Hand Luke BTW, the real quote is "What we have here... is failure to communicate." You are wrong again, Hammster. Diz- PS: Trading logs, Level II etc. etc. does not give an accurate picture of the real trading action. MM's are constantly trading between each other, showing buys as sells and double counting shares.Were those really buys of 50,000 shares? I doubt it.Can I explain the recent activity? All of the promotion activity has attracted the thundering herd(daytraders). Plain and simple, BIGG is being perceived as nothing more than a momo play.