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florida135

01/19/07 1:32 PM

#544 RE: MasterBlastr #543

hardasset, you're 100% correct, "the people definitely should be informed"!!! "The company" should be the ones that keep shareholders informed of things going on. I called their CEO, and left a voice message on his machine, thus far unanswered,requesting some kind of explanation regarding the huge volume of shares that were sold recently, what this money was being used for, and in general to keep everyone in the loop as they say !!!!! As a bulletin board stock they're supervised just a little bit more than those trading on the pink sheets. Therefore, they must file with the S.E.C. when they distribute more shares. They should be required to file "before" they sell these shares, rather than a month later when people can no longer sell at the higher prices, but either have to sell very cheaply, or get stuck holding shares they paid much higher prices for. Completely unfair, and this antiquated system of reporting "after the fact", rather than before it happens, certainly hurts all the shareholders. From a past experience with another small b.b. stock, when someone filed a formal complaint with the S.E.C. regarding the inability of any of their shareholders, who tried contacting them, to get any answers from that company, "within one week" they started answering some of the people who called them!!!! Probably, the most frustrating thing for any investor, is when something like this happens, millions of shares being dumped in a short period of time on pretty heavy volume, and the company not only doesn't release any news, but they become very silent and ignore any questions their shareholders might have. Let's give these guys a few more days and see if they release something", or, if they take the time to answer folks like myself that call them. Regards, Florida