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Re: jarvis c post# 10851

Wednesday, 10/27/2004 7:37:59 PM

Wednesday, October 27, 2004 7:37:59 PM

Post# of 341710
SCMI shares authorized has been increased since that report. The shares are used to pay bills. At the recent b of d meeting the authorized to 450 million shares, up 50 million.

Someone on this board used the qtig stock dividend which was 56 shares per thousand to figure the total SCMI stock outstanding.

That is computed to be 429 million shares outstanding.

Many scmi shares are stock options which become actual rights to buy SCMI when SCMI price per share hits .20 cents per share.

Every music cd company, bmg-sony, universal, emi, warner, etc wants encryption with guaranteed playabllity on every computer and device, with the consumer right to make 3 copies, no more.

The big crooks , the countries that allow the piracy must be handled by the United States Justice department.

SCMI appears solid, a leader in helping the music industry.

The billboard add is great and hits the industry where the eat.