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Re: smc9556702 post# 1986

Wednesday, 03/02/2011 12:48:58 PM

Wednesday, March 02, 2011 12:48:58 PM

Post# of 17663
smc- thanx for trying to keep current #s straight. It would seem 66.4M float now, but that's not saying previous shareholders will even sell. New to ISPI, trying to sort it out.
Dror collecting the original investor shares?

1. Bought out Sam Cooper 30M shares

2. "(2) Mr. Svorai holds of record 12,500,000 shares of common stock. Upon payment of the full purchase price of $325,000, the 14,400,000 shares held of record by Eilay Maman (representing a 14.9% equity interest) and the 14,515,810 shares held of record by Oyster Shell Investment LLLP (representing a 15.0% equity interest) will be transferred to Dror Svorai upon full payment of the purchase price no later than ****March 15, 2011****. As of the date of this Current Report, the 28,915,810 shares are being held in escrow. In accordance with the terms and provisions of a certain share purchase agreement, a certain number of shares have and will be periodically released and transferred to Mr. Svorai."

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