Friday, December 24, 2010 10:08:35 PM
Also, I saw someone incorrectly state that ALL 3 billion shares added to the AS were going to be restricted shares. That is incorrect. Some of the shares will be given to Restivo and others as payment and will have restrictions on them, but the bulk of the 3 billion shares are dilutive shares and will be used to raise money starting in January.
Finally, I saw someone state correctly that Giovanni Luciano is still with the company. Yes, he is very much with the company, and his name is listed as the Chief Operating Officer in the 3rd Quarter Financials. http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=39625
m. Current Executive Officers and Directors
The current members of the Company’s Board of Directors are as follows:
Calvin Ross – Director
Giovanni Luciano – Director
The current executive officers of the Company are as follows:
Steve Hendricks – CEO
Calvin Ross – CFO
Giovanni Luciano – COO
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