Monday, May 19, 2008 3:41:19 PM
As of 3/30/08, the company has paid out 279,807,500 shares. 100,000,000 of which is part of the 748,000,000 owned by the director who got 748,000,000 as settlement for a $52,500 debt!!!!! The company now owes him 648,000,000!
Something is way wrong to be able to acquire 748 Million shares for $52 grand and that entity has 100 million now. Have they sold in to the market? Peacock would know. And where did the $250,000 grand come from to pay JPT?
The remaining holder of the 648 million is a lender/investment group IMO. Does anybody have anything to add to the facts I have included with some speculation which is IMO? I like the stock, I'm long the stock, but I want some answers and I'm willing to bet so do some of you...
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