HUH! Deva, Reliance Acquisition is where he got those shares and that is only half, Benton got the other half of the million shares. But because Greg was an insider, he had to file a form 3 same as John Harris did for his 25,000.
I do not see how you are making this assumption, I guess because after the 10K the management is required to make From 3 filings. The transaction date is the form 3 NOT the issuance of stock.
The form 3 is NOT a registration for sale, 144s are.
Insiders or 144 did not sell this stock to .43 by June 2000 and the transfer agent figures confirm that which Bart was told that they were not selling. There were registrations but I can not find the float increase so please show me in the transfer agents figures I tracked for almost a year where the 144 came in. The only one that can lift a legend is the transfer agent. So their numbers are exact regardless what people say or do. The Transfer agent knows what is going on.
Also where did the SEC come from there has been no mention of the SEC other than trying to get them to look into it. The NASD did not want to be bothered with Listless' complaint. Now he is figuring out why.
As far as a contract you wont till they get the workhorse in place to do the work or if they do prior to that, they can sub it out to CCSoft for a small profit. If you had read the filings and news releases they are about establishing the infrastructure.
Personal Note: I went broke because I ramped up my business infrastructure after and while bidding work and got one small contracts. Broke my back financially, but if I did not do that I could not have bidded on the work. I got one job because I had only 7% profit at the end and it was only $20,000. Bart knows he has to finish the infrastructure.