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Re: None

Saturday, 07/28/2007 10:27:28 AM

Saturday, July 28, 2007 10:27:28 AM

Post# of 38908
New CEO and President Francis Manzo stated, “My objective with the new Winsted Holdings is a turnaround situation to create true shareholder value for the investing public. I also want to make it perfectly clear that Mark Ellis is no longer related or involved with the company. Furthermore there are currently around 4 billion shares outstanding of which roughly 90% are now owned by Appletree Capital Ltd. leaving the true float to be around 400 million shares.”