World Homes Inc (fka WHME)

[jmhollen]

"....Free DD Starter Kit...."

WORLD HOMES INC
SIC: 1531
IRS Number: 870434297
State Of Incorporation: NV
Fiscal Year End: 1231

Business Address:
4505 W Hacienda Ave
Unit I 1
Las Vegas NV 89118
Phone: [phone]

Mail Address:
3098 S Highland Dr Ste. 460
Salt Lake City UT
84106

Former Company:
Former Conformed Name: Affordable Homes Of America Inc.
DATE CHANGED: 1999-05/18

CEO/Chairman/President
Merle Ferguson
http://www.affordahome.com/merle.html


Executive Vice-President of Finance
William Morris (former CFO of Sony)
http://www.bloomberg.com/fgcgi.cgi?T=marketsquote99_news.ht&s=AOxS2vhW4V29ybGQg


Secretary/Treasurer and Director:
Susan Donohue

Investor Relations:
Rich Kaiser of Yes International, Inc.,
1-800-631-8127, for World Homes, Inc.
http://www.yesinternational.com/

Company Website:
http://www.theworldhome.com

Z MIX photos:
http://www.iossbs.org/shelter.htm

ABOUT WHME:
World Homes provides revolutionary building techniques
for the construction of affordable
fireproof and earthquake proof housing using the
proprietary material Z MIX.
Z MIX, a cementitious product, combines bentonite,
diatomaceous earth and
shredded tires to create a lightweight building
material that significantly reduces
the time and cost of constructing a house. The Company
currently holds patents on Z MIX.

Z Mix and Associated Patents
5,852,077 Methods for forming and using Z Mix 12/22/98
5,782,970 Z Mix 7/21/98
Inventor: Joseph M. Zawada
Remaining Life of Patents: 16 years +/-
http://www.uspto.gov/

WHME Transfer Agent
National Stock Transfer Inc.
1512 South 1100 East
Salt Lake City, UT 84105
1-801-485-7978
email: [e-mail]

AS OF: 8:23 A.M. 6-11-2001

Shares O/S-----------22,270,896
Restricted Shares--11,564,270
Float--------------------10,706,626
Authorized Shares--100,000,000
Inside Ownership 49% +/-

Some discussion regarding the "float":
http://ragingbull.lycos.com/mboard/boards.cgi?board=WHME&read=5471

__________________________________________________________


The Saudi billionaire ADNAN KHSHAHOGGI is involved
with WHME! Here is some proof of that, make your own
determination as to what extent this could affect the
PP$

WHME SEC filing w/ADNAN KHSHAHOGGI's signature
http://www.secinfo.com/d11A75.51m.1.htm

For those who wish to dig a little deeper, read this
post and click on the authors "screen name"
http://ragingbull.lycos.com/mboard/boards.cgi?board=WHME&read=5282


Here is an "old" press release talking about A.K.
http://investdb.theglobeandmail.com/invest/investSQL/gx.company_news?pi_company_id=185251&pi_off....

__________________________________________________________
A wealth of information regarding the recent probe by the
SEC into WHME

http://ragingbull.lycos.com/mboard/boards.cgi?board=WHME&read=6241
__________________________________________________________


WHME News and P.R.’s:
http://investdb.theglobeandmail.com/invest/investSQL/gx.symbol_rep?pi_symblist=whme&iaction.x=13....

WHME SEC Filings:
http://www.freeedgar.com/search/FilingsResults.asp?SourcePage=CompanyList&CIK=894501&UseFram....

WHME Last Ten Trades:
http://beta.cnbc.com/stock/last10.html?sym=WHME

WHME Insider Trades:
http://biz.yahoo.com/t/w/whme.ob.html

WHME MM ranking by % of volume:
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=i&Issue=WHME&SortBy=v&month=11-1-2000&....

Sites/Message Boards that feature WHME:

http://finance.yahoo.com/q?s=whme.ob&d=t

http://dimgroup.com/cgi-bin/simple2.cgi?symbol=whme

http://msgboards.cnbc.com/default.asp?symbol=whme

http://cbs.marketwatch.com/tools/quotes/profile.asp?siteid=mktw&symb=whme&x=11&y=5

http://www.siliconinvestor.com/stocktalk/subject.gsp?subjectid=37098

http://ragingbull.lycos.com/mboard/boards.cgi?board=WHME

Item 1. LEGAL PROCEEDINGS

World Homes has begun legal proceedings against
several defendants in regards
to their alleged fraudulent representations concerning
funding for the Company
and contracts with World Homes, both of which it now
believes were non-
existent. In separate actions, the Company has sued
Euro Federal Bank
NV, Gunter Helmut, The American Home Assurance
Company, Michael Yang, Phoenix
International Financial Services, North Atlantic
Financial Services, Christian
Zamora and William Fielding & Associates for their
misconduct as regards to
the Company's efforts to obtain $15,000,000 of debt
financing in 1999 and
2000; and for their actions concerning contracts to
purchase $27,000,000 of
the Company's product in 2000, the Company has sued
Construction Associates
LLC, Devon Crenshaw, The American Home Assurance
Company, Liberty Re-Insurance
Corp., Michael Yang and Hans Klemmer. The Company has
alleged, among other
things, the following causes of action against each
named group of defendants:
Fraud, Civil Conspiracy, Unjust Enrichment, and
Racketeering.
The Company also learned that it had been named in a
legal action filed
by an
individual against an officer of the Company. In that
the lawsuit was
initiated and the actions alleged occurred before the
Company was formed, and
in that the Company was not provided the opportunity
to respond to any of the
allegations, it feels the actions have no merit and
that there will be no
adverse effect on the Company. In addition, the
Company has taken steps to
protect its interests by opposing said action, and by
filing a lawsuit against
the individual and her attorneys alleging, among other
things, Fraud, Civil Conspiracy and Abuse of Process.

The Company has also begun proceedings against Capital
General Corporation,
Krista Nielson and Sasha Belliston, alleging improper
issuance of the Company's common stock at the
time the Company merged with Kowto

.