ETLS - check out this info about insider ownership from this year. Something is up with this for sure!!!
From the 13/D filed in April 2009
Item 3. Source and Amount of Funds or Other Consideration
All Shares were acquired through cash purchase in open market transactions.
Item 4. Purpose of Transaction
The Reporting Person acquired the Shares for personal investment and invests independently of investment advice given by investment publications, investment message boards, investment blogs, or investment relations personnel. The Reporting Person does not have present intentions of selling, granting any participation in, or otherwise distributing the acquired Shares.
(a) As of April 13, 2009, Reporting Person was the record and beneficial owner of 90,075,000 Shares, representing 30.25% of the issued and outstanding Shares, as reported to the shareholder, by Executive Registrar & Transfer Agent, Inc. (Transfer Agent), on November 27, 2007. As of April 15, 2008, Reporting Person owned >20%, resulting in the filing of this Schedule SC 13D/A, and any and all Schedule SC 13D/A filings since.
The Reporting Person has no present plans or intentions which would result in, or relate to, any transactions as described in subparagraphs (b) through (j) of Item 4 of Schedule 13D
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