Wednesday, September 01, 2004 7:11:45 AM
Based on your posts I have always assumed that you are a well informed shareholder of this company. I recall a post approximatley 6 months ago in which you advised that 320 million shares were issued and outstanding. 3 month or so ago, you wrote another post advising that the company had advised you that 380 million shares were outstanding. I wrote you on that issue and your responsed providing information on the increase in the number of outstanding shares.
You advise now, that the outstanding share count has been increased to above 400 million. Any word on why such an increase? Have the stocks been sold or given to others in return for services? Any restrictions on the sale of stock given away? Any word on what the money is being used for? Is the money used to cover ordinary monthly expenses? How many more shares are available and how many more shares does the company plan on selling? The decrease in the share price could certainly be accounted for by factoring in the 80+ million shares outstanding.
Any information that you can provide in response will be appreciated.
Joe.
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