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Re: ivearnedit post# 679

Thursday, 06/02/2005 9:17:55 PM

Thursday, June 02, 2005 9:17:55 PM

Post# of 3354
O/S update and response to ivearnedit suspicions:

Well folks, I'm making the charge that Talbot reads the chatboards.

Because I want to hold this company accountable at every single step I went on a mission on behalf of other shareholders who have the same concerns that I do: why does the shareprice go down everytime some 'good' news appears? My theory was that Talbot was diluting every single day. For a 2 week period I was correct. I wanted to get the O/S every 2 weeks and maybe weekly depending, to keep track of the O/S since only the transfer agent is the only real and accurate source for O/S count. However, I have sad news to report.

I called the transfer agent, and it was indicated to me that Talbot has effectively gagged them in disclosing this information. In fact, I was told by the transfer agent that people would have to go ask Talbot for the figures. I told him that they haven't produced financials in 2 some years and the transfer agent was very perturbed by that disclosure. I told him that I called a few weeks ago and received the O/S twice, but was indicated that very recently they were gagged in giving this information.

What does Talbot have to hide? Lots. But its OK shareholders, there is something you can do. There is a complaint form on the SEC website: www.sec.gov File a complaint if you feel powerless to get the company to open up to you. I did, and I don't know what good it will do, but at least its something and at least I did something. I know the transfer agent will provide the O/S at another time even if gagged, sometimes they forget. I am also going to file a complaint to Canadian tax authorities as well. Again, I've had enough.