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Re: gorbec1 post# 21704

Sunday, 08/06/2006 7:09:56 PM

Sunday, August 06, 2006 7:09:56 PM

Post# of 212347
69,955,000,000 shares O/S as of Friday June 16

$1,148,000.00 approved for repurchase (say @0.00015) = 7,653,333,333 shares cancelled

69,955,000,000
7,653,333,333
62,301,666,667

Now, If insiders hold 65%, then 62,301,666,667 x .65 = 40,496,083,333 insider holding

Float = 35% x 62,301,666,667 = 21,805,833,333 float

Using your analysis, if there are 6,000 ordinary investors with an average of 3 mil shares, then,
3,000,000 x 6,000 = 18,000,000,000 shares are owned by us (ordinary investors), leaving about

21,805,833,333 - 18,000,000,000 = 3,805,833,333 shares (could be possible Naked short or float left for investors to fight for assuming all of the 6,000 investors maintain their shares, i.e. they do not sell)

Company has reduced its total shares issued and outstanding by more than five percent to 69,955,000,000 shares Friday June 16

Company retired and cancelled 300 million shares of outstanding common stock

The now approved buy back of up to $1,148,000.00 of Company common stock will continue to be implemented at the price per share relative to Buyins.net's calculated "SqueezeTrigger."