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RawAlex · 06-14-2013

I am sure he was. See Lars and Conru I guess got out pretty good, much of the debt taken on was apparently to pay them off, so they got at least part of the money up front. But the mapstead family trust holds a whole pile of stock in this company, and it's now reached a level of seriously not worth much.

Up 11% today, all the way to 30 cents(!) but that just means it made it to 30 cents, almost any move by 1 cent is a big jump now. It;s going to need for the stock to more than triple in place in the next 30 days for them to avoid delisting, even a reverse split won't help because the market value is under 15 million.

06-14-2013	#7
RawAlex Members $100 for every ImLive sign-up Join Date: Oct 2002 Posts: 4,036	Re: I didn't think it was possible but... I am sure he was. See Lars and Conru I guess got out pretty good, much of the debt taken on was apparently to pay them off, so they got at least part of the money up front. But the mapstead family trust holds a whole pile of stock in this company, and it's now reached a level of seriously not worth much. Up 11% today, all the way to 30 cents(!) but that just means it made it to 30 cents, almost any move by 1 cent is a big jump now. It;s going to need for the stock to more than triple in place in the next 30 days for them to avoid delisting, even a reverse split won't help because the market value is under 15 million. __________________ Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds