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Friday, 09/30/2005 2:46:21 PM

Friday, September 30, 2005 2:46:21 PM

Post# of 406
Now Bingaman is a director and we have a new CEO. These guys are already connected from previous businesses. After the BOD is assembled they will probably issue convertible preferred shares to themselves, reverse split, then dilute into news/mergers etc... Hopefully they create a flurry of investment before the PR's hit.
The following is from the 8K dated 9-30-05:

"On September 29, 2005, Mr. Steven W. Bingaman resigned from his positions as Chief Executive Officer, Chief Financial Officer, and President, but remains as a director.
On September 29, 2005, Mr. Shmuel Shneibalg was appointed to serve as director, Chief Executive Officer, Chief Financial Officer, and President of the Registrant.
Mr. Shneibalg has been Vice-President and a Director of Knowledge Transfer Systems, Inc., a publicly traded company, since November 10, 2004.
From May 2001 until April 2005, Mr. Shneibalg served as Chairman, Chief Executive Officer, Secretary and Director of Safetek International, Inc., a publicly traded company, and as the Vice President of Home Solutions Health, Inc., a public consumer product company."

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