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Re: Stevenvegas post# 31588

Friday, 04/06/2007 9:36:35 AM

Friday, April 06, 2007 9:36:35 AM

Post# of 81575
Mr. Wallach is calling the shots?

How can that be? His holdings pale in comparison to Ullman's.

Tail wagging the dog?

I note that the agreement signed last September called for a registration statement to be filed with the SEC within 60 days to cover Mr. Wallach's shares (15.625M when converted).

I can't seem to find one. Also, what happened to the stock last Sept/Oct? I went through all the PRs, I didn't see anything adverse, yet the stock declined from 8 cents (the price used to calculate Mr. Wallach's shares) to 4 cents in about a month.

Was it just the lack of hurricanes?

Regards