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Re: WIDAH post# 70434

Wednesday, 08/04/2004 12:31:43 PM

Wednesday, August 04, 2004 12:31:43 PM

Post# of 358439
Ok than - let me explain:

<< 1. Melvin, the company's IR man, publicly LIED to us all and should be fired immediately >>

- After global released the 400 Bil # Melvin went on national radio and said the number was no where near that. When asked on PalTak, a public forum which I was listening to at the time, he denied the O/S was that high as well. I beleive someone has a recording of what he said on the radio - you really need to listen to it.

<< 2. Shareholders have been in the dark for too long... and the reason seems to be quite obvious now >>

Not knowing the O/S for a year isn't being kept in the dark?

<< 3. There most likely is no Naked Short position >>

With 483 Bil O/S daily volume would be about 1% of the O/S, which is a number that is lower than what most large caps trade. Even if the float is around 200 - 300 billion that would explain the overwhelming supply of shares out there and the lack of price movement.

<< 4. JEFF is either dumping shares for Urban, another 'promoter', or the company itself >>

JEFF, IMO, has sold atleast 50 billion shares, probably more like 100 billion + . There are only 3 people with that number of shares. 1) Urban 2) CMKX treasury 3) a stock promoter who was granted these shares or purchased them @ .0001 and is now dumping them.

<< 5. So far, Janice and the like have been quite accurate, and deserve credit for the information and research they have provided. You may not like them personally, but I'm glad they're here. >>

Almost every piece of evidence she has provided has been accurate. For months she's been saying the O/S was maxed and it now appears that she was correct. I think she deserves credit for that.

<< 6. Roger Glenn did infact take on a company with an O/S of 483 Billion >>

Well, if you can't figure this out than I don't know what to tell you.

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