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Alias Born 07/21/2005

Re: MB3 post# 3

Monday, 07/25/2005 1:03:39 PM

Monday, July 25, 2005 1:03:39 PM

Post# of 17
This is from a post on RB:

I talked with the transfer agent..I think we're ok....

We are the Transfer Agenet for NADE. The total outstanding shares as of
07-22-05 is 1,289,535,250 shares. The float is 1,200,600,000 shares.

I asked about the increase and she pointed out that this was due to the forward split, lets do the math.

If the O/S was 10M before the split, 10M * 100 = 1Billion..This still jives with the drop to .16 cents and does not explain why we're at .01 right now...

A good question is why they split so drastically.. A 1:10 would have created liquidity but not in such excess...

Stephen



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