If anyone would like to
follow what Jacobo has done since 2004..where he held 14 mil.common shares..
By 5-06-05 he had bought an additional 8.1 mil. for a total of 22,100,000 mil.common shares..He has since sold a total of 3,925,000 mil.shares in June of this year which left him with 18,275,000 mil. common shares..However as you can see below by the filing in July 05 he bought 3 mil. shares of restricted stock for $98K..Since then..in the filing in 06 he has bought an additional 4 mil shares of restricted shares for 52K..He now has a total of 25,275,000 common and restricted shares..He also has received 6 mil. additional purchase warrants..He has actually increased his share amount since 2004..2005 and has helped the company by purchasing restricted shares..As you can see Jacobo has great incentive for the company to succeed..He is also the lead on the Mexico deals..So like I said.."If I see Jacobo sell"..which I haven't yet..All of the above can be verified in the SEC filings and below...veno
PRIVATE PLACEMENTS OF COMMON STOCK AND WARRANTS FOR CASH
On July 11, 2005, the Company held a closing with one accredited investor pursuant to which the investor subscribed to purchase an aggregate of 3,000,000 shares of restricted common stock for a total purchase price of $98,400. In addition, the investor received an aggregate of 3,000,000 Class A common stock purchase warrants and 3,000,000 Class B common stock purchase warrants to the investor, representing 100 Class A and Class B warrants issued for each 100 shares which were issued on the closing date. The Class A warrants are exercisable until four years from the closing date at an exercise price of $0.045 per share. The Class B warrants are exercisable until four years from the closing date at an exercise price of $0.06 per share. The holder of the Class B warrants will be entitled to purchase one share of common stock upon exercise of the Class B warrants for each share of common stock previously purchased upon exercise of the Class A warrants
PRIVATE PLACEMENTS OF COMMON STOCK AND WARRANTS FOR CASH
During the six months ended June 30, 2006, an accredited investor agreed to purchase an aggregate of 4,000,000 shares of restricted common stock for a total purchase price of $52,000. The shares were issued subsequent to June 30, 2006.
AI
