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bludmoney0

10/17/06 2:12 PM

#5448 RE: timdoh2002 #5447

ameritrade unrestricted my shares, should have news this week. symbol change, merge is complete, graph looks like crap, but news is deffinatley expected,

From the PQL BLOG "Interestingly, the PR clearly states that the incoming CEO controls 98% of the outstanding shares, which PQL Research confirmed with the transfer agent to be 52.3M. Upon a telephone conversation with Mr. Beebe, he clarified that his 98% position is entirely restricted, leaving just over 1,000,000 shares in the public float. I wasn’t able to get any specific details (they will be coming in a near-term PR), but apparently the new company will be involved in, among other things, alternative energy. According to the CEO, the incoming company had 38 full-time employees. Pretty fly for a pinksheet."