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Thursday, October 09, 2008 3:31:12 PM
OBVIOUSLY, they were derived from the business plan they had at the time. Although, the business plan has changed dramatically since then, it is NOT in question that they have sites. Many, many sites.
The question is whether theses sites derive the kind of revenue that the company has implied they do. Without the audited financials to prove they do, it will remain in question.
Whether the sites are to make money (indicating a viable business model) or whether they're only for show (indicating a scam), is debatable and a legitimate topic of discussion. But, without financials, each side of the argument is merely opinion.
The company can clear this up for us in a jiffy!
We are requesting the Transfer Agent to confirm:
The Issued shares remain at 300,471,362.
The initial stock issued on take over remains restricted.
That there has been 1 only person authorized to issue stock.
This letter will be published.
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