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Olympic Cascade Financial (OLY) Message Board

  • minstrel_777 minstrel_777 Feb 2, 1999 11:04 PM Flag

    news?

    Besides the potential of news of going online, did I understand that there is some other potential news that NATS may have to release?

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    • i worked at nat.trust me some bks have been
      boxing the stock ...very very thin float they almost
      went out of bus..last month check out fin..they are
      spreading news about online do not buy it,,,,will never
      happen,,,

      • 2 Replies to Nvesta2_2000
      • From SC-13D filed 12/30/98:

        ITEM 3. SOURCE
        AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
        On
        December 18, 1998 Rothstein purchased 84,763 Shares and

        Rothstein's son purchased 31,000 Shares from the same seller.
        On December 22,
        1998 Rothstein purchased an
        additional 9,224 Shares from another seller.
        Funds for
        the two purchases by Rothstein were borrowed from
        N.D. Management
        Co., Inc., subject to a three-year
        installment note. Certain securities owned
        by Rothstein,
        including those Shares purchased with the borrowed funds,

        collaterize the note. The margin debit representing the funds
        borrowed
        against restricted Shares as detailed in
        Rothstein's April 13,1998 filing,
        has been repaid to the
        lender and therefore, the funds borrowed for the

        purchases detailed in this filing reflect the total
        outstanding debt for all
        purchases by Rothstein.

      • if nvesta2 was a former employee at nats, he
        would have been in with the director of the company
        buying all the way! he would be a millionaire in the
        recent runnup! he would have held. so, what does this
        say about his "i was a worker at nat," i doesn't say
        much! he's just a shorter scared to lose! watch the
        volitility this a.m. when the dust settles, we'll finish
        strong!

 

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