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Re: Bunny post# 53241

Friday, 06/17/2005 10:30:06 PM

Friday, June 17, 2005 10:30:06 PM

Post# of 270437
TRBD Someone mentioned this one in a live chat room

before anyone thinks that something is cooking in Carpenteria they should read:

http://www.turbodyne.com/
the news release of November 12, 2004

A former officer, Peter Hofbauer, attached the bank account of the company. The terms of the settlement granted him 4 million shares, and by my quick calculation, based on the rapid drop in share price last year, may have double that amount to sell regularly into the public market, to satisfy the nearly $300,000 settlement agreement.

Let any share buyer be aware.

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