Colorado-
From the most recent 8K (dated March 14, 2007):
Current Common Shares Outstanding 4,368,768.00
Restricted Shares Issued for Debt --
S-8 Issued For Debt 8,528,872.33
Restricted Issued For Service 3,500,000.00
Total Shares Issued/Oustanding 16,397,640.33
It would also appear that David is staying on as president of Quadriga Motorsports:
OTHER 2: The Seller has agreed to remain on as President of the Company's subsidiary known as Quadriga MotorSports. No later than September 30, 2007 the Seller will purchase 100% of the subsidiary for $200 so that the Seller may continue to conduct its motor sports related business.
Do you think David would redeem himself by issuing a dividend of Quadriga shares to all shareholders of MSEM from the previous record date? Or do you think he will do the same thing to Quadriga that he did to MSEM?