DD Support Board and Research Team

[nodummy]

TSNP - you aren't kidding about something be not all the way on the up and up.

So let me get this straight? TSNP put out a press release recently that they are in discussions for a R/M with a company called InPlays Sports Corp

http://ih.advfn.com/p.php?pid=nmona&article=48358868

The person that owns InPlays Sports Corp is Andrew Barwicki. The same Andrew Barwicki who is paid by TSNP to be their Investors Relations person.

Barwicki's Investors Relations firm and InPlays Sports Corp even share the same address:

http://www.inplays.com/contactus.html

http://www.barwicki.com/contact.html

110 Wall Street, 11 Floor
New York, NY 10005

They even share the same phone number if you look on this page from the Investor Relations company:

http://www.barwicki.com/andrewbarwicki.html

110 Wall Street, 11 floor isn't even a real office. It is just a virtual office:

http://www.davincivirtual.com/loc/us/new-york/new-york-city-virtual-offices/facility-957

The Inplays website was never anything special. Archived versions from 2005 - 2009 show a very plain unattractive website.

http://wayback.archive.org/web/20050215000000*/http://www.inplays.com

From 2006 - 2009 Barwicki had messages on the InPlays investors relation page that the company wanting to go public originally through an IPO, but the company never did any SEC filings.

It looks like the site has been stripped down with all options to become a member and pick pro sports game winners taken down. I don't think the site has been actively used in that matter for at least 2 years.

Now the site is just an informational page telling us about Barwicki and giving us some outdated information about InPlays Sports Corp from when it used to be active.



-------


As far as TSNP goes. TSNP looks like it has been nothing but a share certificate printing press over the first 3 months of 2011.

On January 1, 2011 TSNP had 1,674,678,199 shares outstanding

On March 31, 2011 TSNP had 3,142,678,199 shares outstanding

That's 1,468,000,000 shares issued in just 3 months.

The float went from 1,213,510,270 on January 1, 2011 to 2,581,553,604 on March 31, 2011

That's 1,358,043,326 shares added to the float in just 3 months.

To whom did those 1,468,000,000 shares go?

1,358,000,000 free trading shares went to accredited investors through a 504 filing to pay off debts at a conversion ratio of 55% below the trading price of the stock. Since the stock was trading at between $.0003/share and $.0001/share during that 3 month span the conversion ratio was between $.000135 and $.000045/share.

100,000,000 restricted shares went to the CEO, Henry J. Boucher, Jr


The 504 offering was filed on July 8, 2010 to raise up to $763,300 towards debt conversions for up to a 24 month period.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7357576

On the 504 filing TSNP claimed to have no revenues

It was the second year in a row that TSNP continued the 504 filing to issue shares for debt conversion.

In 2009 they used the 504 offering to convert $57,345 into 59,000,000 shares - that's an average conversion ratio of $.00097/share

In 2010 they used the 504 offering to convert $184,000 into 1,153,422,525 shares - that's an average conversion ratio of $.0001595/share

So far in 2011 they used the 504 offering to convert $84,536 into 1,358,000,000 shares - that's an average conversion ratio of $.00006225/share

Since they have only used the 504 offering to convert $325,881 so far they could use the 504 offering for another $674,119 worth of debt conversions. At 55% below $.0001/share that equals A LOT of shares.


Despite issuing 1,358,000,000 shares for the conversion of $84,536 worth of debts during the first quarter of 2011, TSNP actually finished that quarter more in debt overall than they were before those shares were issued.

If a fresh new round of debt conversion starts again TSNP will end up maxing out its share count and planting itself permanently at $.0001/share.



----------



As far as the R/M "discussion" being done between TSNP and a company owned by their Investors Relation person. I'm not sure what to make of that. I doubt it will ever amount to anything more than just discussions. To me I think it is just to try to help the share price.

Maybe a fresh round of free trading stock was just issued. Maybe some of the convertible debts belong to Barwicki.

If Barwicki was seriously looking to merge his company into a publicly trading shell he picked a bad one to use with such a high share count. He would most certainly do a huge R/M if it ever got that far.



--------



I personally think investors should be very cautious about investing in TSNP. Seems like a lose lose situation to me.

If the press release rumors about merger "discussion" are fake then it is obviously just being done to support the share price for either a fresh round of debt Note conversions or for somebody to dump some shares.

If the press release rumors about merger "discussion" are real the outstanding share count is too big to let the stock move very much and a merger would just lead to a huge reverse split.

Right now I'd say it is more likely that the "discussions" are just to support share selling or a fresh round of debt conversions. The way the stock traded today supports this theory. The stock only just briefly got off of $.0001/share today despite a volume of 227,681,598.