Ann: Trading Halt, page-19

Don't know where someone got the information regarding how many shares and at what price. Care to elaborate?

Only weeks ago Freedman said in an interview that PHK did not need cash for current operations - does that mean new contracts that require large amounts of capital?

He also stated quite clearly that the company was in a good position to borrow from banks and that he did not want to dilute shareholders any more. Said that this was not necessary. What has changed? or was he blowing smoke again?

This had better bring with it some substantial good news or he has only further eroded the board's credibility.