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lmorovan

03/15/05 10:09 PM

#1439 RE: rottenapple #1438

rottenapple, the Nevada Revised Statutes clearly states that for the inspection of the books, there is need of at least 15% of the issued and outstanding shares. At this point, and based on the latest filings, that number is a little short of 30 million. It may be higher a little if more shares were issued and outstanding. We know at this time that only Class A common stock and class B common stock have been issued and outstanding. The class C Preferred stock has not been issued as of yet. But, to be on the safe side, let's consider that the whole 40 million authorized shares have been issued and outstanding. To play safe, shareholders must accumulate 6 million shares in order to exercise their right to inspect the books.
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Crow3

03/15/05 11:15 PM

#1441 RE: rottenapple #1438

R.A.. i feel sure that if the shareholders want to inspect the books, all they have to do is ask Mister M.P. and he will immediately say "sure". Since he is also the CFO, I am sure the books are in apple pie order, and can be gone over in a jiffy.

After all, he is a sincere and Christian Gentleman, Honest and as pure as the driven snow. If he had a middle name, it would be "Integrity". I hear he totes a Bible everywhere he goes, and opens every meeting with a reading of a few verses.

Such a Fine man would NEVER have the slightest objection to
having any books he has gone over, and would immediately and truthfully and openly and honestly answer each and every question that would arise.

So there is no need of going to all the trouble of gathering proxies of about 7 and a half million shares.

Now wouldn't you agree with the above? Sure you would!! LOL!!

NOW..To answer your question..not a chance. You'd be lucky to get more than 2 million shares. Those that have a ton of shares would be afraid to risk making the man angry. So you would get a lot of shares from the smaller shareholders. Takes a lot of them to add up to anything.