TheDirectory.com, Inc. (SEEK)

[awesome1_in_cc]

April 15 is the key date IMHO.

From their PR on February 14..

"Founder and CEO Scott Gallagher commented, "I'm very excited to be able to advise the stockholders of our Company that we are making tangible progress in our attempts to turn the tide and improve our capital structure. I have secured verbal commitments from several debt holders that they will not request any debt be converted to equity from now through April 15th, 2010 at which time they will review our operating results and continue further discussions." Gallagher continued, "We canceled more than 2 billion shares during 2010, confirmed that no reverse stock splits will occur during 2011 and now freezing the capital structure, even for 60 days, will hopefully provide some confidence to investors and improve market transparency. More importantly we believe the freeze provides us with an opportunity to hold our structure where it is while our operations continue to improve over the next 60 days."

As of today Elysium Internet, Inc. has 2,295,624,262 shares issued and outstanding. No shares will be issued until April 15th at which time we will advise the stockholders of the intentions of the debt holders on a conference call. The Company is awaiting word from its attorney regarding the timing of its name and ticker change."

Full disclaimer: No current position but still on my watch list..

GLTA