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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC) -- Ignore unavailable to you. Want to Upgrade?


To: Sprintcar who wrote (4206)6/2/1999 12:35:00 PM
From: rocket rider  Read Replies (1) | Respond to of 6957
 
I bet it's the consultants who got 2,000,000 shares at .05 dumping
them at .19...


The consultants can not dump their shares because there
is an "ANTI-DILUTION" clause in the S-8. This bit of
information was discussed in detail around May 22, in this
thread. Here is a link to a very good message that basicly
sums this up: (From Ga Bard no less)
Message 9681312

RR