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Re: marayatano post# 1319

Monday, 01/28/2008 11:50:10 PM

Monday, January 28, 2008 11:50:10 PM

Post# of 7423
I am reluctant about relaying my conversation I had with Larry today, but since Henry has found it necessary to post a reply email from Larry, I have a few thoughts of my own. I am a little mad that someone who constantly barages our company with complaints for being a pinksheet stock has had me stewing all weekend, thinking I had been lied to. After all the new chatter in the last few days, I picked up the phone and called Larry. Maybe all of you should as well, except that he has his hands tied up with our largest production yet.

I specifically asked Larry where Henry was getting 260 million shares. It seems very few here, including Henry, understand the difference between shares held in escrow and shares issued. Shares held in escrow for a future event are not issued. Tx for instance possibly coming up are in escrow waiting on our DD, or better yet, when we put in our own filling line we put up shares with the bank to be held in escrow until closing on financing the deal. Those shares are now back in our treasury. We have revenues, but profits are put back into the business and sometimes the only way to pay is with restricted shares. Going forward we should be able to pay from profits for things like salaries, audits, attorneys etc. One thing to consider, if the people we deal with did not think those shares were of value, they would not take them...they would only take cash, which with our growth is hard when you have 10% profit and 25% growth. If everything comes together with the return of shares, he hopes the final OS will be around 175mm.


Let's get a few things in the open. Because it is BS! In the last 2 weeks Henry and his threats have been a constant interruption. Henry will not disclose here or to Larry how many shares he has. He will not say what he wants price wise for his shares as they were willing to buy him out if reasonable. Unfortunately for Henry, he should have kept his mouth shut and sold as his BS has cut us in half.
As to Henry helping Larry with a distributor, yes he offered up 2 friends of his......one in North Carolina who has a delivery company to grocery & convenient stores .....sounds good right. Well its a delivery company, not a distribution company, meaning we would still have to set up the clients for them to deliver our line to, and they wanted $50k for the privelage. NOT! The second friend Henry set up for Larry received a mixed pallet of our drinks and has never paid for them!
Henry, PLEEEEEZE don't refer anymore of your friends to Larry LOL
We either have faith Larry and our board are building a viable business and hold or buy, or if we don't like it or feel uncomfortable with our investment we sell and move on. I don't want to pretend that I know the motivation behind Henry's claims....maybe we should consider that as well!!!!
Everyone involved in this company is dedicated to building it to the point of taking restricted shares (2 years) in leu of salary, voted on and approved by the board. We are in the midst of our largest production to date.

I may be a fool beleiving in Larry, but with the number of shares I have, it could be wife changing! With the BS going on now, the change might not be what I expected



My picks are my own and many times wrong, generally looking 3-6 months out

'A government big enough to give you everything you want, is big enough to take away everything you have.' ........
Thomas Jefferson