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Friday, 04/15/2005 4:07:54 AM

Friday, April 15, 2005 4:07:54 AM

Post# of 91
sweet. 10KSB out just in time. one step closer to what we are waiting for.

Besides an ugly year in 2004 since they ceased operations and going concern statements everything looks good. Can't expect a shell to have much of earnings, cash and a great outlook. With a reverse merger that all changes and thats what I am here for.

Interesting thing to note is that there are 1500 MYBTF holders giving each holder an avg of about 4.3k shares. Take out a few bigger holders and that 4.3k shares is cut significantly. There are not many shares out there and most people own small amounts from higher prices. With some good news if good volume came in this could turn out to be monster since there are not many people with a lot of shares to give resistance at these prices.

Was wondering what happened to some of the options that were outstanding awhile ago.... Thought most got cancelled and they sure did. From end of 2003 to 2004 # of options outstanding went down from 4.4M to 220k. 125k with exersice price of .10, 25k .25, 50k .30 and 20k .50. 25k .10 have already expired..... And there is a total of only 145k vested between prices of .10 and .50. Only 50k are vested under .25. Seems like thats the only possible place any new shares could come from but majority of those shares are .25-.50 which means we are 100-400% away for those shares to be BREAK EVEN if they decided to sell them? Even if they did sell thats only 145k shares total and that wouldn't happen until MUCH higher prices. Float looks great and won't be changing much if at all in the coming months.... Not one share added in 2004.....

Scanned through the rest of the filing but didn't find anything of interest. Nothing we already didn't know from previous filings. Now lets hope we get the reverse merger news is next. Ahh... need sleep lol too many Belgium beers tonight, I'll be hurting tomorrow.... errr today. gnite







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