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Blutip Power Technologies Ltd V.BPR



TSXV:BPR - Post by User

Comment by mapleleafon Feb 08, 2005 6:44pm
207 Views
Post# 8557665

RE: Jim's Book of Lies: Chapter 13, Verse 12

RE: Jim's Book of Lies: Chapter 13, Verse 12First of all, I will agree with all the frustrated people that BPI has a track record of missing deadlines, and this can be irritating for those of us waiting to hear news. What bothers me is when you get a wing nut like naz99 flapping his gums on how this is a pump and dump ... what a moron! If you want to sell your shares naz, then so be it. But don't go spouting off a bunch of BS. I did a little search on SEDI myself, and I don't see anything that would alarm me. The only insider selling some common shares in January 2005 was Zilich. Azlein sold some up to the end of Dec 2004, but he admitted to this at the AGM, and he gave us a good reason. What you should look at is that Azlein holds 888,080 shares, 1.985M options, and 886,732 warrants (give or take). All the other directors didn't have any insider transations to speak of up to the end of Jan 2005. Some were actually net purchasers. Also, all the new options were set at $2.40 so that is the new base. FYI, options and warrants do have expiry dates, so you will have to do more backtracking to see if some of these transactions from last year were completed because the security was close to expiry. As for your chat with IR, they won't tell you anything because you aren't entitled to hear about any news before the rest of us. Once again, I agree that BPI has done a poor job with keeping investors informed of what is going on, but that is no excuse to start rumors and cause a panic.
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