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Re: sloan14 post# 1031

Friday, 10/29/2010 6:01:28 PM

Friday, October 29, 2010 6:01:28 PM

Post# of 5284
I used to own some of this a while back, and even made a modest profit.

And while I was the forum mod here I did extensive DD on this to determine the true value. At least I tried to do DD but didn't find much. Certainly nothing from the last several years.

But I saved a few links which I will share now, just to move this along for you guys.

http://knobias.10kwizard.com/filing.php?param=&ipage=1056512&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=

http://www.bizwiz.com/bizwizwire/pressrelease/2235/848fs8yex44fe8yje88.htm

http://www.sec.gov/litigation/litreleases/lr18161.htm

http://www.sec.gov/litigation/admin/34-51287.htm


Despite what you might think, I'm really not trying to bash this. The truth is I couldn't care less about it. It just ain't my thing.

The short and sweet summary is that this is a totally dead stock. There is nothing "under the hood" here. The state corporate registration has long since expired so the "company" can't conduct business. That is, IF they had an office, employees and a phone, which they don't.

You can't track down the majority share holder if your life depended on it. So how could there ever be a take over by Reverse Merger? Who are you going to deal with? There is no there THERE! But go ahead and call the Stock Transfer Agent as MAYBE the situation has changed. But I really doubt it.

Baring any new info, from my viewpoint, this stock is the rawest form of a flipper's plaything, and absolutely nothing more. your FINAL WARNING! Don't get stuck holding shares here because I don't like reading posts from "stuckholders" and chronic whiners and complainers. Good Luck!

Caveat Emptor!

VV

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