Saturday, April 02, 2005 6:27:34 PM
what this amounts to is a major dilution for scmi holders.
since peter and his cronies own most of the qtig, it's no wonder why they are trying to pull off this scam.
if they only issue 260m mmtx shares to scmi holders the dilution will be 260/450 = 57.8%. and this is after they diluted scmi by 50% by giving 1/2 it' revenue to qtig to be it's market it's product....and now refused to issue the promised qtig shares as a dividend. that takes brass b-lls.
it's was a crafty scam to move value into the hands of peter and company.
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