GREY:GULSF - Post by User
Post by
venturecap1on Feb 18, 2007 4:25pm
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Post# 12259731
cc selling
cc sellingThe reason cc is selling is that they were the backers of the private placement that was done a year ago which is forced to come do now because the share price has been over 75 cents for more than 20 trading days. There are 8,000,000 warrants coming out @ 40 cents and I think the less wealthier clients are forced to sell some shares to raise the cash needed to purchase the warrants. Once this is done we are off to the races.
Good luck to all.