14m shares are in the float of which only 7 or 8m are in the trading float.
From what I understand the only person who will likely be persecuted for
violating agreements and likely SEC rules is Pierce Fleming. Clarke
and Minellis are as upset as all of us are on what Flemings have done here.
They basically screwed everyone and could very well end up in jumpsuits.
Time will tell but the launch of the private companies is about to occur so
the idiots from previous management that did sell shares they were not supposed to
are likely going to be bummed in the coming months when they see what they could
have sold the shares for. I hope Clarke goes after anyone who violated any SEC rules.
I am pretty damn sure he will. In the meantime, I am buying the cheap shares to
Average down. There are buyers for every seller here. If there were not buyers we
Would be in triple zeros.