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Jim Bishop

04/20/06 12:17 AM

#5401 RE: ced70 #5400

I'd like to see that Form 4. What symbol?

Jim Bishop

04/20/06 1:50 AM

#5404 RE: ced70 #5400

OT: I see the two Form 4's you're talking about. Looks to me like they either bought, or more likely, were given/paid for services a whack of Series B preferred stock. The stock was "acquired".

The Feb 3 issuance is common stock paid out to them to reduce what they owe those guys.

Sheesh, looking at a few of the other filings, there's a ton of stock that has been issued for various reasons.



janice shell

04/20/06 5:04 PM

#5421 RE: ced70 #5400

I'd have to see the Form 4 in question.

It's clear that the company issued stock to the president and CFO of the company in order to retire debt. The stock in question is restricted. That may be why it's showing zero value.