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Re: srk_mccabe post# 21490

Tuesday, 02/13/2007 1:23:30 AM

Tuesday, February 13, 2007 1:23:30 AM

Post# of 53986
The S-8 is for employees and consultants - its a way of using the stock price to pay for services when there isw no cash available. It is no different then going out and raising cash via a private placement - except the S-8 stock can be sold right away and the employee and the company each receive the proceeds. Its an inexpensive way for companies to pay their employees and attorneys, etc. S-8's aren't bad if they are used right. However too many times in pennyland unethical CEOs abuse the purpose of the S-8 and issue false or misleading statements to attract volume with which to dump the S-8 shares, thus putting money into the company and into the employees pockets. The MSEM S-8 is to pay for expenses and pay employees until revenues can carry the company. I hope revenues start soon or a company is found to roll into Scottsdale Diecast and start generatinng revenues - but I will tell everyone one thing for sure, Dave Keaveney is not a pump and dump artist, he is implementing his business plan that looks to have changed since most of us first invested. I do know one thing, the company is better off now, then it was when he first took over. Just my thoughts -

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