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Re: shortsinthesand post# 722

Thursday, 08/14/2008 10:34:26 AM

Thursday, August 14, 2008 10:34:26 AM

Post# of 16316
Sand, they're free trading shares....

On May 12, 2008, the Board accepted demand for conversion of a $250,000.00
convertible promissory note held by The Brooklyn Group, Inc., issued on March
27, 2003 (the “Note”). The Note was an obligation of TAC which was assumed
by the Company pursuant to the share exchange with TAC. The Note, which bore
no interest, provided for conversion, at the holder’s option, of the principal
amount owing on the Note into common stock of the Company at the conversion
price of $0.01 per share. The conversion of $250,000.00 of principal on the Note
resulted in the issuance of 25,000,000 shares of common stock of the Company,
which was issued as unrestricted
in accordance with Rule 144 of the Securities
Act.
http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=14988



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