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RedCloud

08/13/06 5:51 PM

#41819 RE: WayneC777 #41816

Wayne... I really don't know where you get some of your info. It was never the plan to place HISS into the new shell and I have proof of that. EVSY is not going to acquire three humdred shares of anything. they are simply going to raise the Authorized shares from 15 million to 300 million tomorrow for several reasons.
1) Issue shares to accomodate the dividend to HISS shareholders.
2) To create an anti-takoever protection.
3) Sell shares to create the float for liquidity (and cash).
4) To have shares to issue to acquire ActSoft or other aquisition(s) or merger(s).

If HISS ever did merge into EVSY, we would most likely undergo a R/S because HISS's share structure is too large and managment has stated on numerous occasions that is not in the plans at this time. It has been reported that HISC will may file another SB-2 by the end of the fiscal year... We'll see.
RedCloud