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Re: None

Saturday, 01/02/2010 7:43:58 PM

Saturday, January 02, 2010 7:43:58 PM

Post# of 346919
Jason,
 
Mensa level IQ's hard at work.
 
wink
 
The existence of any phantom float, massive or otherwise, representing anything but an asset. Representing, to the contrary, theft of company assets. As earlier talked about. Mindless greed doing, indeed, strange things to folks. Inclusive of the bipolar routine.
 
Recalling the reliable mention of a certain party(ies) having not long ago approached the inside. Seeking to 'legitimize'. Seeking an SPNG long position of 300m priced at $0.03 per share. And the current trading pattern? Einstein need apply? Not to mention the spurned opportunity for the inside to have scooped a cool $9m for themselves. Ill-gotten gain indeed. The whole of it kind'a speaking (ahem) volumes, hmm?

Criminals indeed?
 
All the best.
 
Skye, et al….
 
There are always those of a haunting ilk in routine attendance. Prepared to spin in line with personal agenda. However misguided, and infantile otherwise, same might be.

Nothing to get all bent out of shape over. An unchanged matter of massive gross undervaluation at current trading levels. Golden ground floor opportunity. Minor infractions very soon cleared up in full. Settled to the satisfaction of all involved. The future wide open. A brand new year. The details being as presented. And a few examples from prior years…
 
--------------------
 
In May 2007, we issued 93,000 shares to our Chief Financial Officer in consideration for advances made in the aggregate amount of $18,600.
 
In May 2007, we issued an aggregate of 9,539,770 shares of our common stock in consideration for advances of an aggregate of $989,354 by RM Enterprises International, Inc.
 
The foregoing were issued in reliance on an exemption from Registration under Section 4(2) of The Securities Act of 1933, as amended.
 
[ issued in reliance on an exemption ]
 
On July 16, 2008, the Company issued an aggregate of 2,253,436 shares of common stock to Sichenzia Ross Friedman Ference LLP as compensation for legal services rendered to the Company.
 
On June 2, 2008, the Company entered into a consulting agreement with R.F. Lafferty & Co., Inc.   pursuant to which R.F. Lafferty & Co., Inc. agreed to provide certain strategic financial and advisory services to the Company for a two-year term. In consideration for their agreeing to act as a consultant, the Company agreed to issue an aggregate of 2,000,000 shares of common Stock to R.F. Lafferty & Co., Inc.
 
The Company claimed an exemption from the registration requirements of the Securities Act of 1933, as amended (the "Act") with respect to each of the foregoing issuances pursuant to Section 4(2) of the Act and/or Regulation D promulgated thereunder.
 
[ company claimed an exemption from ]
 
--------------------
 
The registration infractions being obvious in general nature. Relating, as talked about, primarily to issuances to RM Enterprises over time. Commerce considerations. The balance of the details being additionally as talked about. Overly aggressive accounting practices. Lax adherence to certain accepted principles thereof. A great deal of earlier chatter, you'll doubtless recall, regarding the not necessarily subtle differences between booked orders and actual revenues being recorded. A matter of premature recognition coupled with overly optimistic projections and guidance numbers. So on.
 
None of it amounting to rocket science. None of it anything earthshaking. Civil matters as far as enforcement/potential enforcement is concerned. Management to proceed more cautiously. Being more reliant on the procedural, etc. determinations as per company accounting and legal. The whole of the situation to be soon settled to the satisfaction of all involved parties. And certainly, once all is indeed settled, inclusive of regaining the OTCBB quotation, we have the ideal time to reapproach Deloitte. Seeking the company's long-term involvement.
 
Once again, all to the good. The whole of it. No longer a window of opportunity as previously. The numbers on the way. The undeniable. Painting an extremely telling picture.

Completion of due diligence.

Pike already massively financially vested. Additional such monies to flood understandably in.

Total no-brainer at the current cost of admission.
 
Nowhere to go but up.

And hugely so!

Massive multi-bagger in the making.

SPNG millionaire$ indeed.
 
As for moi?
 
Having added 200k over this past trading week. Intent upon additionally adding over our coming trading week.
 
Before the OTCBB is once again in evidence for us.
 
Before all hell does indeed break loose.

Payday!
 
Regards to you and all others.
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