Tuesday, July 12, 2011 11:06:14 PM
also, if more experienced investors/traders have better questions or verbage that i should use next time i contact a company, i would love some suggestions. remember, i'm a newb and i'm trying to read and absorb everything i can in order to be successful so i welcome any suggestions (even harsh words will teach me something...)
From: Patrick Brown <Patrick@WorldSeriesOfGolf.com>
Date: July 12, 2011 8:35:44 PM EDT
To: Mac Crollman
Cc: "info@worldseriesofgolf.com" <info@worldseriesofgolf.com>
Subject: Re: WSGF - Share Structure
Mr. Crollman,
Thank you for emailing us. We do not currently use a Third Party IR
firm, instead we work to answer any shareholder questions in house.
Please know the company is an SEC reporting company, and the most
up-to-date financial information is available at www.sec.gov. Per the
Company's most recent filing with the SEC, the First Quarter Report
(http://www.sec.gov/Archives/edgar/data/1389879/000101376211001318/form10q.htm)
for the three months ended March 31, 2011, filed on May 13th, 2011,
the common stock authorized share count is 90,000,000 and the issued
and outstanding common shares is 24,351,561.
As for terms on the contemplated aqcuisition, those have not been
disclosed yet and are still under negotiation. We can only provide
publicly available information, per SEC guidelines, as I am sure you
can understand.
Sincerely,
Patrick Brown
World Series of Golf
On Tue, Jul 12, 2011 at 12:59 PM, Mac Crollman <Mac.xxxxxx.com> wrote:
Hello Mr. Brown,
I do not see an Investor Relations firm listed on OTCMarkets.com so I thought it most appropriate to contact you regarding the current share structure.
Can you please confirm that the Authorized shares of 50,000,000 and the shares outstanding of 24,351,561 as reported on OTCMarkets.com is indeed accurate? You have been releasing great news over the past two months and there is some question among investors regarding release of shares by the company into the open market.
We are interested in learning how World Series of Golf will fund the effort to “continue to move forward on the negotiations to acquire the technology service firm which has approximately $20 million in annual sales.” Will you be funding this effort via sale of stock to the open market?
We are also interested to know if you are adding to your sales force in anticipation of near term growth.
Thank you in advance for your response.
Regards,
Mac Crollman, long term shareholder
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