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mAjOr dAmAgE

02/27/08 1:46 PM

#53 RE: Silver Fury #52

1. The reinstatement and merger could have easily been done simply by "de facto." After five years of inactivity, you file the papers and nobody notices. I noticed.

2. But the real problem is, even if the Louisiana deal was legit, they merged this into a NON-PUBLIC Nevada fresh corp. It should have been done the opposite way, the Nevada going into the public corp. Because they essentially made this non-public and NASD normally yanks the trading symbol in this type of case. That is, the Nevada corp., which is now the parent corp., has no market maker, has no 15c211, and is a private company. So there should be no trading. This is most likely why they never told Pink Sheets or NASD.

Good luck! Very dangerous play.
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mAjOr dAmAgE

02/27/08 1:48 PM

#54 RE: Silver Fury #52

You say that Carnes is not a part of this company? Do you have information to support this? Why would the President pay Carnes 150,000 dollars and then not take him up on his services to find him a shell to move his business into?

It makes no sense, none whatsoever.

Did the President of this company terminate the agreement with Carnes? If so, it's not reflected in the public filings for SGLS.