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Re: Churak post# 4

Monday, 10/29/2007 8:20:55 PM

Monday, October 29, 2007 8:20:55 PM

Post# of 127
looks like after the r\m & f\s, there will be 26,000,000 o\s of which 910,000 will be the theoretical float...however, IMHO, about 592,000 of that will not be traded so that the real float will be approx 318,000...kinda thin IMHO...here is where I get the 318,000 figure...this is in the last K:

Name and Address of Beneficially Percent
Beneficial Owner Owned of Class
---------------- ----- --------

Kevin B. Halter, Jr. 195,001 45.3
2591 Dallas Parkway, Suit 102
Frisco, Texas 75034

Pam J. Halter 0 0
2591 Dallas Parkway, Suite 102
Frisco, Texas 75034

Halter Capital Corporation 280,002 65.1
2591 Dallas Parkway, Suite 102
Frisco, Texas 75034+

All Executive Officers and 280,002 65.1
Directors as a Group (two persons)

Kevin B. Halter, Jr. owns 50% of Halter Capital Corporation; 50% of Halter
Capital Corporation's stock ownership is included in his holdings, namely
140,001 shares.



As of June 15, 2007, there were 430,282 shares of common stock issued and
outstanding. We have no compensation plans (including individual compensation
arrangements) under which shares of our common stock are authorized for
issuance.



Halter had 280,000 of the 430,000 o\s so the float was 150,000. 150,000 x 2.12 = 318,000 sh\be the theoretical float