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lasernat

05/23/07 2:03 PM

#14841 RE: Briboy #14825

Ask those that got burned to explain it you I am sure they figured out that that group front loaded.
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The Rainmaker

05/23/07 2:21 PM

#14864 RE: Briboy #14825

You have to hand it to RSDS. Has anyone ever posted this??

Look at page 6 of 7

http://www.pinksheets.com/pdfservlet?id=8383


It looks to me like they only paid $20,000 for some piece of land in Utah. It's listed under Cash payments for the purchase of property $20k.
Since then they reverse split the heck out of the stock.
Current Capital Change:
shs decreased by 1 for 100 split
Ex-Date:
Record Date:
Pay Date: 2006-11-27

Then they proceeded to issue another 1 billion plus newly minted shares.

You have to admit that's one heck of a parlay turning a $20,000 piece of dirt into a million dollar plus market cap.