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Re: texas tom post# 45234

Wednesday, 10/29/2008 10:33:04 AM

Wednesday, October 29, 2008 10:33:04 AM

Post# of 46027
If one assumes that there are only 5,500,000 shs in the hands of the public ( a dubious assumption since the Transfer agent is gagged) then if the company declared and actually paid a one cent per share dividend combined with the announced intention of paying such a dividend on a quarterly basis, it would have to pay out only a mere $55,000. to the public. If in fact there are 10,500,000 naked short shares, then the naked shorts would have to either come up with $105,000. or rush in to cover their shorts before the record date. Since the float is only 5,500,000 shs, the shorts could not possibly cover and there would be a short squeeze such as has never ever before seen and the price of the stock would zoom out of the pennies range and into the dollars range.

But, this will never happen because in all likelihood, the above assumptions as to the issued and outstanding shares and as to the naked short position are not correct and the company is probably a scam.

Bulls and Bears prosper, Pigs get slaughtered.