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Wednesday, November 13, 2013 8:49:09 AM
Received last evening! A great guy! BIG NEWS!
From: <David Cutler> Tuesday November 12 2013 at 8:02 PM
To: HowardMann1962@XXXXXXX
Thank you for contacting us and yes I remember you Howard. Thank you for your patience and you may certainly share this email as you deem fit.
We are currently looking to merge or sell the shell outright. We have twice been offered a buyout, one offer at .01 and the other at .0125 which were both rejected for reasons I do not care to share at this time. We are currently in discussions with a chemical company based out of Rolle, Switzerland but cannot divulge any details due to SEC regulations.
I can confirm that the shares outstanding stand at 90 million. We have not released shares into the market in several years and do not plan on doing so for the foreseeable future. I cannot confirm the floating shares at this moment but will guess that it stands around 35 to 50 million.
Filing work is a fluid situation and have had several delays due to circumstances beyond our control. We hope to have them out by 1st QTR 2014 but understand that it is not a hindrance in our discussions with potential suitors.
In the future, please email Luke Sieber at LsieberPR@outlook.com or call 202-210-6114 with concerns or questions.
All the best,
David
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