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Wednesday, February 01, 2006 9:30:50 AM
King was not yet around when Grifco put out that release. That was a Jim Dial release. And Summit's pr firm was Knobias, not Mike King.
-BBB said, "Apparently, the document from which I pulled Leonard Koblenz's information has his name misspelled but has his phone number listed correctly." Which document are you claiming you pulled the information from, BBB? If you're claiming you got it from that document, then why didn't you share the document with everyone? That's not very nice. If it was another document, please provide a link to it so we can all see it.
-BBB also said, "Furthermore, I understand SETG shares were NOT registered, and SETG had but only a handful of shareholders, while LTBI's shares WERE registered, and it had nearly 1,000 or more shareholders." How is it that you "understand" that, BBB? You weren't around at that time, or were you? How did you gain that knowledge so quickly? Provide some proof. If it's public info, please link to it.
The notion that a dirty shell was better than a clean shell is nonsense and empirically disproven -- Summit is the one who became fully reporting and filing (under the name Pitboss) in Q4 of last year, while Grifco is still claiming they have paperwork troubles.
And of course CEOs resigning to one another happens all the time in legitimate companies. So we might as well just overlook that entirely. It's a completely normal event.
And also the fact that Jim Dial claimed to be an Internet provider for what, all of a month? Someone goes to all the expense and hassle of forming a public company, for a business that he gives a try for an entire month? And then trades it to a stranger for a dirty shell? Sure, makes total sense to me. I know I'd definitely do that.
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