Insynq Inc (fka f/k/a INSQ)

[praxis60]

OUTSTANDING SHARE NUMBER!

I heard back from Colonial Transfer last Friday - they also had to jump through hoops with Insynq but, finally, got permission to tell ME the outstanding share number. I stress ME because I emailed Colonial back (due to a whole bunch of confidentiality language at the bottom of their email) to make sure that it was alright for me to share the info with fellow investors. Today, I received back the response which stated: As long as they acknowledge they got the number from you and not directly from us, there is no problem. So, if you're quoting this figure to anyone, make sure that you say you got it from an investor who got it from the Transfer Agent. (And, if you want to confirm the info, I'm betting anyone else can get it, too, if they also do the "squeaky wheel" thing with the TA.)

So, having said that here's the initial email:

Sorry for the delay, I just spoke with Carroll Benton and she authorized me to give you the outstanding shares. There are 558,191,293 common shares of Insynq Inc. outstanding.
You are not authorized to receive a certified shareholder list, that is not public information. I hope this helps!

Sincerely,

Kassidy Mather
Colonial Stock Transfer


Also, one last bit of info. In my telephone conversation with Gorst last month, he stated that the company had made about $10,000 in profit last year. I do not trust telephone conversations, however. It's too easy to later say that you did not say something so I have since sent him another letter memorializing our conversation. I restated all of that February conversation (including that amount of profit) and told him that I would assume that my understandings of our conversation were correct unless he advised me to the contrary in writing. As I am currently out of state, I have not been able to check my mail for a response. I will keep you all posted should I receive a response from him.

I don't know about all of you but I find all of this info exciting! As I said to another iHubber recently, this promises to be a VERY interesting year.