From RB: The Newest E-mail from Joel re R/S
By: cuttinrog
13 May 2005, 01:06 PM EDT
Msg. 24252 of 24252
Jump to msg. #
So why did you dump 50 billion shares on the market then do a reverse split? That is the fastest scam I have ever seen. Within a months time you made millions and screwed all of you shareholders.
Hi Roger,
The company hasn’t dumped 50 billion shares on the market. We did a reverse merger into the GXXL shell, which was virtually valueless, only 2.5 months ago. Our intention is to build up the value of the stock and get it trading at a more representative level.
Regards,
Joel