Simulated Environment Concepts Inc (SMEV)

[Son of Jr]

After looking into your question regarding a scam I believe that FAVE did in fact issue the 8.5 billion shares. The form 10Q you mentioned was issued in July of 2001 but FAVE was around well into 2007. The 10Q is a quarterly filing so it would seem that your source of info, pinksheets.com simply did not update the info. Pinksheets.com make no guarantees as to the quality of their info. See below disclaimer taken from the website:

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