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Thanks for the explanation! It's just that we've heard so many dates promised before without results. Let's hope you're right, and we don't have to break any knee caps. ;)
Joe - could you please post any signed documentation you get from Mr Agrawal at Penn State where "He says you own tires". This would be very helpfull to us in making an intelligent investment decision.
Thanks in advance. kp
Joe - you patent the "methods" of accomplishing something. Merely inventing a method does not give one the right to prevent others from discovering methods for doing the same thing. You can develop totally independent methods and either apply to patent those or attempt to protect them from discovery or donate them to mankind by doing nothing to protect them for a period of one year from the time you divulge them to others.
From your previous posts: http://investorshub.advfn.com/boards/profile.asp?user=113540
"As I stated in my previous post I invented this process in 1976 and it is now in the public domain. Also why shred or chip a tire when we have shown whole tire processing for the same energy input. Sincerely Joe A Pringle Tire Chef Inc.
published in 1976 and did not file for patent but did file with Department of commerce.Patent office informs me that if you do not file within a year of publishing it is in the publick domain.After I have finished research may file with new innovations."
michlaw - this was your first post since joining IHUB - who are you and under what authority are you announcing, as fact, that the registration will be completed by 12/5.
Would you please verify this for us, or is it merely your personal opinion. Personal opinions from posters are usually followed by an IMO or JMHO so thay are not confused with the truth.
Thanks kp
Tire Chef - Why are you posting on the MSRM board and not the GBRC board?
dragon man - I wouldn't worry too much about "Joe". You do not patent underlying principals of technology. You patent the "methods" of accomplishing something. Merely inventing a method does not give one the right to prevent others from discovering methods for doing the same thing. You can develop totally independent methods and either apply to patent those or attempt to protect them from discovery or donate them to mankind by doing nothing to protect them for a period of one year from the time you divulge them to others.
How about a "video linked public flogging of your parents" (for getting you into this)? That would let us test the technology for a celebratory shindig later. We Yanks like Hollywood kind of stuff. :)
If this works out like I believe it will, we can hold a world wide "video linked shindig". kp
Domain311 - I sent the following email to RH and Investor Relations on Nov 11. Have not received a response, and now the share count is reported at 98,595,177 (19,750,000 above what has been "announced")? Until we get a reasonable explanation, this will remain reflected in the share price. BIG RED FLAG to experienced observers! IMHO
On Aug 3, MCCY had an O/S of 50 Million shares (without owning Argo Nav and without owning ECN Holdings (or anything else except for Effective Control Trucking).
This was verified with Stalt after your 8/3 PR.
http://biz.yahoo.com/iw/070803/0286279.htm
The legal opinion dated Sept 13 spelled out (or suggested) a share increase of 60,000,000 restricted shares for the intellectual property of all the entities being consolidated, plus 10,000,000 additional to Argo.
50,000,000 plus 70,000,000 = 120,000,000
However, you announced that the O/S after consolidation would be 125,000,000? (5 mil difference) http://biz.yahoo.com/iw/070914/0302330.html
On Oct 26 you announced that 41,800,000 shares were being returned in exchange for options.
That meant that the total announced increase (since 8/3) in O/S would have been 28,200,000 for a total O/S of 78,200,000 (including Argo).
Then on Oct 26, Stalt, Pinksheets and the ECT website said 85,276,860 (supposedly including Argo). An unannounced 7,076,860 increase?
Now the Nov 8 Stalt number is 96,622,177. An 18,422,177 increase over all the previously "announced" share exchanges.
Can you please explain this recent increase to me as I am a rather large shareholder and the prospect of dilution is quite worrysome?
I think "irrevalent" just about sums it up. lol
Tire chef - Looks to be a lot of top horses in this race. I wish you luck, but my pappy taught me never to bet on an unproven old nag. kp
By gum, I think you're catching on to "American IHUB".
tire chef - Why the name change?
Patent Assignee:
The Tire "Chief", Inc. Lubbock, TX
Tire "Chef" at a PO box in Arkansas???
Don't know if you noticed or not:
Patent Assignee:
The Tire "Chief", Inc. Lubbock, TX
Tire "Chef" is a PO box in Arkansas???
One big difference is that most prior processes required a preheating chamber where the tires are heated to a temperature level of 200° F. to 400° F. GBRC's process does not use HEAT.
Microwave and other technologies to heat tires has been around for quite some time.
I say let the patent attorneys decide rather than us posters. According to Hawk, GBRC is using the same patent attorneys as Microsoft.
Other "non heat" solutions are also operating with some success. http://www.naturalresourcerecovery.com/
JMHO
aries - Not sure who invented the chip, but you can tell the difference - one is a little too salty around the edge! LOL
tire chef - One would think that, if you indeed had a legitimate legal position, you would take it up directly with GBRC and their attorneys rather than whine from behind an alias on an IHUB board. I guess fear of con artists can make people do funny things. JMHO
Thanks dragon man - Nice to see someone take some action for a change and not just whine to the board. KP
Sorry Fog, but there is no third party summary "white paper" available for everyone to read and study. This is a development stage company with limited resources, not a Ratheon. I suggest you read and re-read the press releases, filings and posts on this board since around May and draw your own conclusions.
My DD is mine and my opinions are just that, opinions not fact. I previously posted the emails from Hawk Hogan regarding the current production and delivery schedule of the first of 20 reactors being built at Ingersol over the next 8 months.
http://www.globalresourcecorp.com/Recent%20Press.html
http://finance.yahoo.com/q?s=GBRC.PK
http://investorshub.advfn.com/boards/profile.asp?user=106454
If it's true that we are here to help others, then what exactly are the others here for?
Good luck kp
Domain - I find no PR that states the O/S would be 85 million?
"Last Pr stated would leave the OS at 85mil+"
MLK - Could you please show us where, or who, said the O/S count should be 85 million after Argo.
Thanks in advance. kp
Both the Sept 13 legal opinion (on the web site) and the Sept 14 PR announced the cancellation of the PGYC shell.
I try to explain (to myself) why the O/S is changing and if it's dilution or a fair asset exchange. Unless I can do that, I'm probably being used as a source of funds. JMHO
I calculate 18 million "mystery" shares have shown up in Stalt figures?
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24426756
The three million to Lemay supposedly carry a two year restriction, so not a likely explanation.
domain - On Aug 3, MCCY had an O/S of 50 Million shares (without owning Argo Nav and without owning ECN Holdings or anything except for Effective Control Trucking).
LONGUEUIL, QC--(MARKET WIRE)--Aug 3, 2007 -- Media City Corp. (Other OTC:MCCY.PK - News) (www.ecnholding.com) President Raphael Huppe is pleased to announce that Stalt Inc. has been hired as the new Transfer Agent. Currently there are 24 million free trading shares and 26 million restricted shares. Effective Control Trucking LLC. is a wholly owned subsidiary of Media City Corp.
The legal opinion dated Sept 13 spelled out a share increase of 60,000,000 restricted shares for the intellectual property of all the entities being consolidated, plus 10,000,000 additional to Argo.
50,000,000 plus 70,000,000 = 120,000,000
However, they announced O/S after consolidation would be 125,000,000?
"Media City shall also complete the acquisition of Argo Navigation within the upcoming days with the issuance of ten million (10,000,000) restricted shares to be distributed amongst Jason Shin and key employees of Argo Navigation. With the above mentioned shares MCCY will have a total of 125,000,000 active shares.
On Oct 26 it was announced that 41,800,000 shares were being returned in exchange for options.
That meant that the total increase (since 8/3) in shares outstanding should have been 28,200,000 for a total O/S of 78,200,000 (including Argo).
Now Stalt says the number is 96,622,177. (supposedly including Argo and Lemay?)
You state that RH claims 8.3 million shares will be canceled next week (they were restricted stock from a previous shareholder?) and 3 million have been given to Claude Lemay (restricted for 2 years).
If we subtract the 8.3 million being returned from the current Stalt number (which supposedly includes Argo and Lemay), it leaves us with an O/S of 88,322,177
There is an unexplained increase of 10,122,177 shares since 8/3 is there not?
Me think you do understand and need no correcting.:)
Thats what DD is all about. No lookie, no feelie.
Regarding the patents - from posts on the Raging Bull GBRC board starting with post # 96.
http://ragingbull.quote.com/mboard/boards.cgi?board=OTCF:GBRC
Q. The focus of the co. appears to have been Emission Free Recycling up until lately. With that GBRC has constructed the Hawk 10 (i'm assuming this unit is now proven?).
Most recently, a flurry of PRs have made claim to;
Plastics to Energy,
Clean Coal Gasification,
Fuel Extraction Technology, that includes;
drill cuttings,
slurry oil,
tar sands,
oil shale and
previously capped wells.
That's a lot of claims and I can only imagine the myriad of directions that could lead a business. What's the focus?
A. "The original scope was illustrated in a pie chart that included a few applications developed through Frank's years of research. The early days were quite comical, I heard, in that on several occasions his microwave reactors blew up. Next the reactors were purged with nitrogen to remove oxygen and the results were promising and without explosion. Then I joined Frank after a long period of separation and added vacuum pumps to extract oxygen and removed the consumable gas provision. This also created a pressure that additionally helped the high frequencies crack the hydrocarbon chain better and because there is very little oxygen and closed looped, there is no oxidation thus no CO2 or CO.
We use a sweeping TWT microwave reactor in the lab and after many test dial in the best suited specific frequency found that crack the hydrocarbon chains of the materials we’re testing. After knowing the specific frequency we can then develop a klystron specific to the application.
The additional materials tested, more often than not, came from prospects visiting the company and brought it in with them. On many occasions after they leave they come back with more materials. I wish I could tell you all the stuff we’ve nuked but many turned out to be of great value in our overall mission.
We do manage to keep up with the variety of applications and as long as the patent is still pending we can include (submit) the new applications in the patent application. Once the patent is issued then it will be too late to add anything new and we will have to file new patent applications specific to the new discoveries. I’m told our patent should be awarded around the first of Fall 07.
I hesitate to tell you about the latest discovery because people already think we’re crazy but I view it revolutionary beyond what we’ve already accomplished. - Hawk Hogan"
Q. Speaking of the patent, is it possible to specify a range of frequency in pursuit of breaking a carbon chain? It would appear that could make the patent broad enough to keep the end uses open.
In other words, how basic is the patent?
A. "Nope! There were some folks in the past who managed to get a patent issued based on conjecture. Meaning although they were using 2450MHz (specific to water H2O molecules) to try and crack the chain (and it didn't) and they couldn't afford the 1/5 million dollar TWT to actually figure it all out, they arbitrarily stated a range to cover the spectrum. We of course went above and beyond by spending the money and determining what was real and not fantasy land. That, according to our patent attorneys (the same patent attorneys used by Microsoft, is what secures our claims. - Hawk Hogan"
Glad I didn't throw in the towel - but I will feel better once my MSRM is converted! Go GBRC! kp
GBRC (2.94) Global Resource Corp. Receives First-Stage Order for Arizona Tire Recycling Plant That Will Use its Fuel-Recovery Machinery
Thursday, November 08 2007 8:06 AM, EST PR Newswire "US Press Releases "
WEST BERLIN, N.J. , Nov. 8 /PRNewswire-FirstCall/ -- Global Resource Corp. (Pink Sheets: GBRC.PK), a developer of a patent-pending microwave technology and machinery for extracting oil and gas, announced today that it has received a purchase order from ECO Energy to draft site specifications for a tire recycling plant, based in Mobile, AZ, that will use the company's revolutionary microwave machinery to recover fuel and other products from the tires.
Placentia, Ca.-based ECO Energy said the plant will convert 300 tons of tires per day into gas, oil, steel and carbon black. The company reported that the tires are being supplied under agreements from the States of California , Arizona and New Mexico . Furthermore, it already has agreements to purchase the fuel and other products, which are reusable, of commercial value and in demand by industry. ECO Energy is a joint venture of Placentia, CA- based Huntington Renewable Energy and Maricopa, AZ-based Envirotech Industries International .
Global Chairman Frank Pringle explained that the order is the initial phase of this project, which will be the company's largest project so far, incorporating two, or possibly three, of the company's Hawk-10 machines, which sell for about $5 million each.
"By recycling tires to produce marketable energy and other by-products, this plant will show the world that Global Resource's technology is both cost- effective and environmentally friendly. Not only will the plant rid these states of toxic old tires in an emissions-free process, but it will generate the fuel to run the plant and produce a profit as well from the sale of the fuel and other byproducts," said Pringle.
"Our technology," added Pringle, "has the capability of eventually making the United States energy independent."
Time Magazine this week named the company's microwave technology as one of the "Best Inventions of the Year." In its annual round up of "Best Inventions of the Year," Time selected 46 inventions in 12 categories, from Cars & Buses to Health. Global Resource's microwave technology is listed in the environment category.
Pringle also noted that in a report made in June that was released July 17 , the U.S. Department of Energy profiled Global Resource and its microwave technology for oil shale recovery as a resource for making the U.S. energy independent. Being selected as one of only twenty-seven companies, some of them in the Fortune 100, further validates Global Resource's capabilities for energy recovery.
About Global Resource Corp.
Global Resource Corp. , (OTC: GBRC.PK), is a developer of a patent-pending microwave technology and machinery that extracts oil and petroleum products from shale deposits, tar sands, capped oil wells, bituminous coal and processed materials such as tires and plastics as well as dredged soil from harbors and river bottoms. Its process produces significantly greater yields and lower costs than are available using existing technologies. Because the process takes place in an enclosed environment it is emission-free and an efficient and cost-effective tool for cleaning environmental wastes and toxic materials. For more information see: www.globalresourcecorp.com
Forward-Looking Statements
This news release contains forward-looking statements regarding Global Resource Corp.'s business strategies and future plans of operations. Forward- looking statements involve known and unknown risks and uncertainties. The forward-looking statements contained in this news release speak only as of the date hereof and Global Resource disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Global Resource's expectations or future events.
PR/Media Relations Contact:
Richard Stern
Stern & Co.
richstern@sternco.com
Tel: 212-888-0044
Jeff Andrews
CFO
Global Resource Corporation
Bloomfield Business Park
408 Bloomfield Dr. Unit 3
West Berlin , NJ 08091
Main: 856-767-5661
JAndrews@GlobalResourceCorp.com
Investors,
Arun Chakraborty, Stern & Co.
212 888 0044
achakrab@sternco.com
SOURCE Global Resource Corp.
domain - my numbers show Stalt's figures to be 6,000,000 off? I assumed the plan was to clean a former shell and provide the means for additional purchases. The original deal with Argo was with ECN Holdings. We don't know what ECN Holding agreed to pay for Argo in July? They were the majority shareholder in MCCY and could have offered a large percentage of that ownership?
LONGUEUIL, QB--(MARKET WIRE)--Jul 24, 2007 -- Media City Corp. (Other OTC:MCCY.PK - News) (www.ecnholding.com) -- President Raphael Huppe of Effective Control Trucking LLC., a wholly owned subsidiary of Media City Corp., is pleased to announce that Argo Navigation Inc. (www.argonav.com) has been acquired by ECN Holding. ECN Holding is the majority shareholder of Media City Corp.
On Aug 3, MCCY had an O/S of 50 Million shares (without owning Argo Nav and without owning ECN Holdings or anything except for Effective Control Trucking).
LONGUEUIL, QC--(MARKET WIRE)--Aug 3, 2007 -- Media City Corp. (Other OTC:MCCY.PK - News) (www.ecnholding.com) President Raphael Huppe is pleased to announce that Stalt Inc. has been hired as the new Transfer Agent. Currently there are 24 million free trading shares and 26 million restricted shares. Effective Control Trucking LLC. is a wholly owned subsidiary of Media City Corp.
On Sept.14 an intent to "consolidate" was PR'ed on behalf of a new entity "Effective Control Transport".
LONGUEUIL, QC--(MARKET WIRE)--Sep 14, 2007 -- Media City Corp. (Other OTC:MCCY.PK - News) (www.ecnholding.com) President Raphael Huppé of (Effective Control Transport) would like to take this opportunity to clarify and update previous press releases and announce future developments.
We would like to announce that in conjunction with The Financial Industry Regulatory Authority (FINRA) attorney Alain B Houle has begun a full review, verification and audit process of all business matters related to Media City Corporation, GPS Global, ECN Canada, ECN Holding, Effective Control trucking LLC, and Argo Navigation. This "legal opinion" will be found on encholding's website and will be updated as information is added. Mr. Alain Houle will also be taking this opportunity to consolidate all of the above mentioned companies into MCCY except for the technology related to the energy sector. (To see the legal opinion, click here: http://www.ecnholding.com/legal.pdf)
The legal opinion dated Sept 13 spelled out a share increase of 70,000,000 restricted shares for the intellectual property of all the entities.
Media City Corporation shall complete within the upcoming days the issuance of sixty million (60,000,000) restricted shares to be distributed amongst Raphael Huppe and key employees of ECN Holding LLC, ECN Control Canada Inc., Effective Control Trucking LLC, Effective Control Transport, GPS Global and any other related entity to insure the transfer of the intellectual property to Media City Corporation. As this stock is restricted, it is understood that this stock cannot be sold in order to raise funds. It is our recommendation to consolidate all of the above mentioned companies.
Media City shall also complete the acquisition of Argo Navigation within the upcoming days with the issuance of ten million (10,000,000) restricted shares to be distributed amongst Jason Shin and key employees of Argo Navigation. With the above mentioned shares MCCY will have a total of 125,000,000 active shares.
Were the 10,000,000 shares to Argo in addition to previous shares they got from ECN Holdings? Why have they never shown up in the Stalt count?
On Oct 26 it was announced that 41,800,000 shares were being returned in exchange for options.
LONGUEUIL, QC--(MARKET WIRE)--Oct 26, 2007 -- Media City Corp. (Other OTC:MCCY.PK - News) (www.econtroltransport.com) CEO Raphael Huppé today announced that he will be cancelling 40 (forty) million of his personal common stock shares to treasury. In return, he will receive 40 (forty) million options which will have a 5-year term and will become fully vested on November 3rd, 2008. Mr. Huppe would also like to announce that there have been 1.8 million shares recovered from the previous shell owner and that these shares will also be cancelled to treasury.
That means that the O/S increase since 9/3 was 28,200,000 shares or $2.8 mil (@ .10 a share) that we are exchanging for all the intellectual properties of the various entities. My DD indicates that may be a steal at the current share price but why the difference in share counts?
I try to read the PRs and convince myself of the plan. Educate myself and explain (to myself) why the O/S is changing and if it's dilution or a fair asset exchange. In pinky land or any other venue, unless you can do that, you're probably being used as a source of funds and not "investing". JMHO
Rosebud - thanks for the great review!
Regarding your 5 and 6 - The FOLO Architecture is the real "pizzas" behind this company. CRAM, as one of the nine FOLO components, will be the "icing" on the cake.
Cram could not be "tested" without the Folo Architecture developed within ECN Holdings. One must assume however that most of the 131 contracts sold were without a "finished" SDS/CRAM. Although the possibility that it could be added in the future may have played an important roll in the decision to buy by many customers, the 131 contract are confirmation of the existence and validity of the overall FOLO Architecture. The Challenger news is great confirmation of ongoing testing of the CRAM component. JMHO
"5. Third party confirmation of FOLO product from one of the largest and respected motor freight company, Challenger Fleet, with their declaration of the existence of field testing of driver and vehicle performances in collaboration with ECT. In additions, reference a joint US/Canada fatigue management program.
6. eyewitness account of the finished FOLO CRAM product by one of the blogger (who is not a pumper or associated in any way with the company and high tech expert himself) declaring it is an "incredible device... absolutely floored" and that he has "never been this positive on this company" as he is now."
TFN - Good point! No CEO has a fiduciary responsibility to Traders, Flippers, Pumpers or Downplayers. This stock is still trading at or above it's original "IPO" price. The original shareholders (to whom a fiduciary responsibility would apply) are not "underwater". They did not drive the share price up to 60 cents nor did they drop it back to 11 cents. I encourage anyone on this board, both old and new, to re-read all of the pr's and filings to date, compare them to the reality of what has taken place, and determine their own "truth". No one should ever use postings of non investors (Traders, Flippers, Pumpers or Downplayers) as criteria for a decision to "invest". JMHO
"His responsibility is a fiducuary one to shareholders...he made claims he must come through. Folks who buy into any PR do it at their own risk and responsibilities...So anyone who is upside down is their own fault..."
You avoided my question regarding facts. That speaks for itself.
Lets just say the price went down because it didn't go up.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22386403
defireman - Where did it indicate anywhere in RH's press release that this was not fact? There are a lot of people other than RH that have had access to information which would lead them to conclude that this was not fact (including disgruntled ex employees). To my knowledge, none have stepped forward to make any statements to that effect. Can you post a statement from a credible source that this was or is not a fact, or do you only have the personal opinions of a few paid posters on this board? Why are "they" proclaiming it not to be fact?
LONGUEUIL, QC--(MARKET WIRE)--Sep 5, 2007 -- Media City Corp. (Other OTC:MCCY.PK - News) (www.ecnholding.com) -- Mr. Raphael Huppe, President of Effective Control Trucking LLC., is pleased to announce that the company has 131 signed contracts which will generate $1.4 Billion USD in revenue over a 60-month period.
Mr. Huppe commented, "We have succeeded in signing 131 contracts with national and international clients. These contracts will allow us to reach $300 million USD in revenue this year. Our margins on these contracts will be in excess of 70%. The revenue generated from these contracts will allow us to deliver strong quarterly results starting next quarter."
Furthermore, Mr. Huppe stated, "Our new emphasis is to deliver all our pending orders on time. We expect to be able to deliver contract updates to our shareholders on a periodic basis."
"1.4 billion sales - is it a guess, or reality? Why did RH proclaim it as fact?"
You seem to have a lot of inside information. Could you give us some names and numbers to back up your Statement as fact.
Thanks in advance. Kp
"Many of them lost lots of their own money believing Raphael."
Sorry, not that it makes much difference, but the Argo deal was announced 7/25 and the CC was 7/30.
http://tl.gpsworld.com/gpstl/article/articleDetail.jsp?id=443903
Earlier today Davidam wrote:
"I will await SEC filings, consolidated statements by a credible auditor to show me what ECN and what MCCY relationship is before I go long again. In the meantime this "may be" a decent traders stock again. Gaining back trading activity in itself would be good because it was losing that very seriously."
It looks to me that we have three choices.
1) We can be a trader and hope to be nimble enough to profit from short term swings. As you say, the short term traders have no problem with this being a pr machine. It seems all we would have to do is count the number of detractors posts to determine when the pps is going down (as they get paid by the number of posts rather than the validity or truth of the information) and we all buy when their totals fade. There is no other logical explantion why some spend enless hours pounding out repetative posts. No one spends that much effort for no return? Why would anyone on IHUB be a moderator for no return either?
2) We can place a "medium" term bet now, before verification is available, and hope that the reward will be well worth the risk. We must base this on confidence in certain people. Who do we believe - Huppe, Lemay, Robert, Aubin, Contant, Chiasson, Isaac, Huard, Tewold, Shin, Naud, Lemelin, Vezeau, Bannister, Hatweek, Treanier, Fabros, Demedeiros, Harris, Pilon, Fraser, Mok, Ahn, Choun, Chiang or a group of juvenile posters hiding behind phony names on message boards?
3) We can, as you say, wait for the filings of the consolidated statements by an auditor before we go long. That may, as suggested, bring in institutional investors and lead to uplisting but we may also sacrifice a 10 bagger for a 2 bagger in the process.
My choice is #2! Good luck to you with whatever you do.
kp
"The reason for the cancellation and to specifically change them to a 40M option to buy at higher exercisable prices was to INCREASE SHAREHOLDER VALUE, boost investor confidence, and to show the investment community that RH is willing to pay for his shares at prices nearly or more than 5 times current share price, exercised at times when he expects the share prices to be significantly higher."
Thanks for bringing some clarity to this issue. I assumed from the tone of your post that you had verified their intent. It certainly has boosted my confidence. kp
Davidam - In an earlier post, verylong stated that the 60 million was split 50 for RH and 10 for the employees. I don't remember ever seeing that? Do you know if that was so?
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24065640
The 60 million shares for RH and the key employees were to be exchanged for the intellectual property (FOLO System) of the 5 entities. The 9/14/07 legal opinion was a "recommendation", not an actual event. It is now obvious they are no longer following the 9/14 recommendation (for taxation or whatever reason) and 40 million shares are being returned to RH in the form of options. Does that leave the intellectual property in MCCY?
They have a right to change directions for valid reasons, such as tax consequences, but we should have the right to know if what we thought we had has changed. Let's hope it has not, and that the finacials will be out soon. kp
verylong- When was there a public announcement regarding a 50/10 allocation you refer to? I must have missed it somewhere. kp
"Originally, in exchange for the delivery of the proprietary technology, time, efforts and monies invested by RH, he received 60M restricted shares of which 50M were to be given directly to RH and 10M to key employees."