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Re: TODW post# 55066

Saturday, 02/11/2012 10:54:07 AM

Saturday, February 11, 2012 10:54:07 AM

Post# of 60937
Could you point me to where the wire transfers were explained? I think you are correct, as far as we know, the additional 7 million shares may not have been issued because they weren't there to issue. Hence possibly the reason Turrini coming up with the possibility of increasing the shares from 200 to 400 million. We still don't know what else Turrini gave away in the settlement agreement, however I think that will become clear soon. Turrini never mentioned giving 7 million shares in any of the PR's or SEC filings that I recall. So we did not have a complete disclosure. Why would that be a confidential item? I believe the settlement agreement will come to the sunshine once the receiver gets it because I doubt it is legal to withhold information about giving away the assets of the company. When you give away most of the company, I believe that may even require a shareholders vote. All of this will be straightened out and at least we may have someone handling things that we will know will be accountable and held accountable by the court. I hope they do not allow former management to become involved in any way other than providing documents, all of which are now on cd thanks to sirh. This will make it easier for the receiver to decipher exactly where the money went.

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