InvestorsHub Logo
Followers 39
Posts 707
Boards Moderated 0
Alias Born 01/10/2006

Re: 500_and_Long post# 133527

Wednesday, 03/29/2006 8:31:04 AM

Wednesday, March 29, 2006 8:31:04 AM

Post# of 286285
Do not forget the 3 million dollar purchase at (3 cents) by the international investor.

Directly from the recent 10K.

(b) On October 24, 2005, the Company sold 100,000,000 shares of common stock to a European investor for $3,000,000 ($0.03 per share).


This seems to make more sense now. And why is this purchase rarely discussed ? It is huge news. JF should address it as a positive.

This investor paid well OVER market price on October 24th. Perhaps there is more to the purchase than meets the eye.

This could tie into the International plans, imo.