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Re: yelmight post# 6400

Tuesday, 06/22/2004 2:28:44 PM

Tuesday, June 22, 2004 2:28:44 PM

Post# of 341669
One more time - Would it be possible that company started issuing ADDITIONAL 50 mln shares that were authorized at the shareholder's meeting?? Most likely they are desperate for the additional capital due to all the development and expansion and probably would want to issue these shares ASAP while price is still relatively up on previous announcements.
Also...
Not issuing QTIG shares to SCMI shareholders does not help either since this was clearly stated by the management as a done deal. It starting to look like these announcements are
made for public relations or other reasons (PPS), but not to really benefit shareholders. This is very disappointing to say the list since management keep making these annoncements while in fact they have no intention to execute. Due to this being Pink Sheets stock, they do not have be accountable, so here I am answering my own questions.