RE:RE:RE:JEFFREY It seems to be a bit of a catch vis a vis the timing of the placement. If Jeff advised Beacon of a posssible delay before shareholders and as such the offer was done at a discount then would that not be a violation of insider trading. If he knew and did not make public the delays then Beacon could have grounds for litigation possibly, if they are upset with the sell off. I think they are thrilled to pick up shares at these prices if the were willing to buy at .45. I really don't know.