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Re: Dollar Bill post# 8

Wednesday, 01/16/2008 12:32:45 PM

Wednesday, January 16, 2008 12:32:45 PM

Post# of 40
Welcome Dollar Bill! I've done a lot of research on the former company, mainly to determine share structure and liabilities, but I ran across all the deals they had for the cards, H2O2000, and military stuff. It seems to me that the former company got caught up in the rule changes at the time (2000) as to what was a fully reporting company and what was a pink. They were given an "E" for being late in their reporting under the new rules and filed their last SEC document in Apr 2000. I found some share structure info from July 2000 which is listed in the I-Box but have found no mention of anything since. This is a shell now and one with a low O/S and float which reduces the chance of a R/S once it's got a merger candidate. With Michael Anthony at the helm this has the potential to do something big but it will take time for them to make certain the shell is clean and find a good reverse merger candidate. If you have any information or receive any shareholder updates please let us know.

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