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SMMW VOLUME ALERT !!!
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[QUOTE]Originally posted by eddy: [QB] from the new ceo---------------------------------------by: MLR_Lite In reply to: None Date:9/20/2007 4:45:10 PM Post #of 65616 Important!!! Question to Paul: From a SmallCapVoice audio interview last year, we were told that insiders owned 56% of the OS. It had been speculated that the amount grew to as large as 66%. Can you confirm or deny that at least 40 BILLION shares were converted to rule 144 restricted shares (post RS 4.8 million)? If not, it must be that they transferred the shares to another party who can sell without a care about the rest of us? His reply: Anytime shares transfer from Free trading over to another person, in this instance from Dan to me, they become restricted for one year. The FT does not pass along to the new person holding the shares. So to answer your question, all 66% of the majority shares are classified under Rule 144. Hope this helps. Paul My follow-up: Yes, it does help. Would you confirm a ballpark estimate of how many shares Dan sold you. Did Dan and Ian really sell you 66% of the OS? If not, could you hint at how much? His reply: Your number is correct. [/QB][/QUOTE]
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