InvestorsHub Logo
icon url

Wolfie123

04/29/07 8:16 AM

#1054 RE: MasterBlastr #1053

Hey guy's! Lets give a couple of months to see what happens. Other companys have raised capital by diluting and finnally broke through, PPS moved up. If you are long on ths stock, it might be the time for it. Growing pains hurts!
icon url

MCArmel1

04/29/07 5:47 PM

#1057 RE: MasterBlastr #1053

Yes.. I know what an S-8 is and where to find it and how to read it..what I have a problem with is what appears to be colored opinion without hard fact which good DD would produce.. You say it's happening...? Show me!
icon url

unluckyami

05/01/07 12:50 AM

#1077 RE: MasterBlastr #1053

Posted by: MCArmel1
In reply to: hardasset who wrote msg# 1051 Date:4/29/2007 12:09:43 AM
Post #of 1076

So you're saying that in the filings it says the CEO is trading out stock for services as to dilute....hmmmmmmm.... I admit there's a lot of shares coming from somewhere though.... You have first hand knowledge that what you say is happening? Just curious...


Check out the last filing 10KSB 4/02/07

Under subsequent Events it shows shares issued for services since Dec 31,2006. That means these shares were issued in 2007. I'm sure they are still paying in shares after this was filed. How else are they to pay their bills. The have less then $10K of revenue.

Note 11 -SUBSEQUENT EVENTS

1. On February 1, 2007 the Board of Directors approved a one
for 4,000 reverse stock split with an effective date of March 8, 2007.

2. The following is a schedule of common stock issued since
December 31, 2006:

Issued to David Mouery for services 52,022,889
Issued to Gina Mouery for services 410,217,500
Issued for expenses 2,693,187,458
Issued to Joseph DiFrancesco
for services 280,000
Issued to investors 180,857,098
Issued for debt repayment 22,005,563
Issued for exempt shares to
Joseph DiFrancesco 4,998,750,000
Issued for exempt shares to
other related parties 17,293,375
Issued for exempt shares to
third parties 7,915,178,370