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Message: NEWS - Ontex Completes $3,649,500 Private Placement

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Re: crazydik - the "kid"needs to rethink this...Bluehorsesh--

posted on Dec 05, 07 05:31PM
Kid; At this time, I am curious as to the apparent coincidence of timing relating to certain postings of Bluehorseshoe(recent)/ Cedartree and others; possibly you may assist. Is there a connect or just coincidence?Until Nov. 30 Cedartree was posting on Stockhouse BB. (“SBB”)

1. Nov. 11, 2007 Cedartree’s Ontex SBB post, at 4.00pm, “Google Fuda ruling”;

2. Nov. 15 – Cedartree “Ont” SBB post at 9:30pm “Re: an insider don’t like” -- Chm. Sells 200m;

3. Nov. 16 at 3:46 AM; Cedartree’s “KXL”SBB post is especially noteworthy -Read.

4. Nov. 16 at 12 noon; MONEYTRAIN1, “KXL” SBB posts: “Interesting info on ONT Chairman”. (link)

5. Nov. 16 at 13:40; Everyday trader “Ont” SBB( his Only Ont post)refers readers to KXL noon post link and appears to complete the “excersise”.

Kid, coincidence, --I think not; Purpose – open to subjective opinion.

FACTS:Fuda sold 308,210 Ontex shares on Nov. 13&14, 2007(sedi) Pursuant to a recent Ontex Sedi report;Ontex Chair, Fuda holds, 5,136,227 shares (Exclusive Mgmt) + 1.6 MM optionsOntex Pres, Conn holds, 3,128,331 shares (direct & indirect) + 1.6 MM optionsAlso note: Echo Energy (“EEI” TSXV); (some crossover of Ontex board members), held 2,465,233 Ontex shares as of Sept. 2007. Current # of Ontex shares issued – approx. 85mm shares.

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