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Re: joenatural post# 4851

Tuesday, 03/18/2008 11:41:26 AM

Tuesday, March 18, 2008 11:41:26 AM

Post# of 158874
The old shell owners can't be blamed since after the r/s there were only 250,000 shares. Here there are millions moving and they were all created by present management.

Over 200,000,000 shares were created post-split. Under what exemption is the question.

They issued a PR saying that there will be no Regulation D and that they have financing-- so where did the shares come from and how did they end up on the market?

Why even go Pink if you have no intention to obtain financing using it?

I don't think we can point to the old management here. Present management diluted this.

Corey Ribotsky Downward Spiral NIR Group AJW board has moved to the NIR Board which is available for FREE users as well as paid subscribers. Bookmark the NIR Board to discuss: http://investorshub.advfn.com/boards/board.asp?board_id=11792

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