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Re: None

Thursday, 12/02/2010 10:36:18 AM

Thursday, December 02, 2010 10:36:18 AM

Post# of 20469
Here finally are the facts behind the last weeks volumes ! Based on MMUH Filings today

Jenkings and Lovatt DUMPED / Sold Recently under a 504 Registration

325 Million shares at 0.00008 ! thats right FOUR ZEROS

370 Million shares at 0.00005 ! WOW..

They received Total $44,500

Its under : Part E Issuance History

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=40236

If you see all the EXTRA shares since June these guys have issued under RULE 144, which must be debt conversion, be aware that any cash raised under this Rule in NOT allowed to be put back in the company

The SEC are currently looking at this , as many Pinkies are using Debt Conversion, to enable the officers to get cash out of the company, and in to their pockets

Conclusion : IMHO anybody buying shares in MMUH or the other company CLDR needs to know the reality of where your money is going and that the risks here are pure Lotto play


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