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Tuesday, February 12, 2008 11:56:41 PM
"512,100,000 shares were issued to shareholder for compensation."
Appear to be the shares issued to the founders per the monetary match $5121.00 on page 3 and 4.
The other 540,496,308 booked at $71,140.00 just looks like plain dilution per how the filing reads.
There is still $310,000.00 of stock "to be issued" to shareholder for purchase of certain assets, which we can only assume are the founders. I do not want to even think that it will be issued at a book value of .0001, but if they authorize another 3 billion shares for that and expect very little revenues, uuuggg!
Regards,
Fizzlegig
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