AI
Wednesday, October 30, 2002 7:47:08 AM
Good morning,
Nomad - in searching the WWW this morning I still find the golf shirt.
Here is their site:
http://www.pimaforgolf.com
Here is the shirt:
http://www.pimaforgolf.com/Ultimate%20Golf%20Shirt.htm
I forget who first mentioned to me that two of the board members were married to each other. I was surprised because the names were so different. Goes to show how sometimes the obvious stuff escapes the mind. But as taken from the recent annual report - low and behold their addresses are one and the same.
Dr. Rodothea Milatou
5525 New Wellington Close
Atlanta, Georgia 30327
Dr. Kevin Smith
5525 New Wellington Close
Atlanta, Georgia 30327
And lastly note this section in the annual report, from page 32. It helps explain some of the selling that took place end of May and into current times.
"In accordance with the terms and conditions of the Private Placement Memorandum dated December 15, 2000, the Company issued 2,000,000 shares of Common Stock to an aggregate of Sixteen (16) persons for total cash consideration of Five Hundred Thousand ($500,000) Dollars.
These shares represented a portion of the Units sold by the Company to these 16 persons with each Unit consisting of One Hundred Thousand (100,000) shares of Common Stock and a Company Promissory Note for Twenty Five Thousand ($25,000) Dollars per Unit.
The Company had the right to issue additional shares of Common Stock in exchange for, and in cancellation of these Promissory Notes. On or about May 6, 2002, the Company exercised such right and issued an aggregate of Three Million Nine Hundred Forty One Thousand Six Hundred Twenty Six (3,941,626) shares to those 16 individuals who participated in the Private Placement in cancellation of the outstanding Promissory Notes and all accrued interest."
Later.
The best weapon against "fear" is "facts"!!
Nomad - in searching the WWW this morning I still find the golf shirt.
Here is their site:
http://www.pimaforgolf.com
Here is the shirt:
http://www.pimaforgolf.com/Ultimate%20Golf%20Shirt.htm
I forget who first mentioned to me that two of the board members were married to each other. I was surprised because the names were so different. Goes to show how sometimes the obvious stuff escapes the mind. But as taken from the recent annual report - low and behold their addresses are one and the same.
Dr. Rodothea Milatou
5525 New Wellington Close
Atlanta, Georgia 30327
Dr. Kevin Smith
5525 New Wellington Close
Atlanta, Georgia 30327
And lastly note this section in the annual report, from page 32. It helps explain some of the selling that took place end of May and into current times.
"In accordance with the terms and conditions of the Private Placement Memorandum dated December 15, 2000, the Company issued 2,000,000 shares of Common Stock to an aggregate of Sixteen (16) persons for total cash consideration of Five Hundred Thousand ($500,000) Dollars.
These shares represented a portion of the Units sold by the Company to these 16 persons with each Unit consisting of One Hundred Thousand (100,000) shares of Common Stock and a Company Promissory Note for Twenty Five Thousand ($25,000) Dollars per Unit.
The Company had the right to issue additional shares of Common Stock in exchange for, and in cancellation of these Promissory Notes. On or about May 6, 2002, the Company exercised such right and issued an aggregate of Three Million Nine Hundred Forty One Thousand Six Hundred Twenty Six (3,941,626) shares to those 16 individuals who participated in the Private Placement in cancellation of the outstanding Promissory Notes and all accrued interest."
Later.
The best weapon against "fear" is "facts"!!
The best weapon against "fear" is "facts"!!
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