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Re: big_island post# 8095

Sunday, 06/08/2008 3:28:59 PM

Sunday, June 08, 2008 3:28:59 PM

Post# of 12642
big_island - It is effective six months from the date of
your sec rule 144 shares date of issue.

Then it will take a couple of weeks or so
to get the 144's switched to free trading stock.

Thar's why of course it is discounted with respect
to free trading shares.

It is a good deal IMO and people like us can
just contact the company and say how much we want.

This is better than the Company going trough brokers,
paying them finder fees and handing out stock that
they would likely dump.

Interesting is the fact that when they complete this
deal and if all outstanding warrants were exercised
they would bring in a total of $2,934,542.

Furthermore the total stock issued would be around
79,504,403.

This would reduce the percentage now owned by Heritage Ventures
who now only hold about 9,403,540 (14.95%) to
about 11.8%. Probably it will be less than that by the
rate they have been dumping. They continue to become
less of a concern to us (perhaps more of a concern to
their own investors).




All my statements are expressions of opinion and are not meant to be either
investment advice or a solicitation or recommendation to buy, sell, or hold securities.
<br>
Hey! come out and have some fun

All my statements are expressions of opinion and are not meant to be either
investment advice or a solicitation or recommendation to buy, sell, or hold securities.


Hey! come out and have some fun

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