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terryt

08/13/04 1:29 AM

#3 RE: explorer9 #2

March 12 2004 - foreward split 6 to 1
- increase authorized shares 500,000,000 common
- 10,000,000 deferred

May 25, 2004 - 3 groups with Bahama address acquire 43,002,350 shares each
- Peter Mergenthaler is removed as President and Ray Brouzes is new President

July 30, 2004 - 200 to 1 reverse split

Share price has dropped to the .015 to .03 cent range before ticker change and stock reverse split took place Aug. 09, 2004. Investor confidence has been shattered but the issued shares of 1,262,062, is very low. Will have to see what new management team does.
Worth watching. GL






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Relham_Vatsug

08/13/04 6:43 PM

#4 RE: explorer9 #2

explorer9, I am learning more about this company as time goes on. They definately should have a higher share price than what it is at right now. Problem here now is just not much investor exposure imo. It will be interesting to see their 10Q. I think it will be pretty ugly but not ugly enough to warrant this low of a share price. I think this one will be a great few month hold. Not too sure what short term will bring but I like the prospects here.