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jfloyd7

05/09/05 9:22 PM

#8733 RE: jfloyd7 #8732

We are not the only ones that have been disappointed in the length of time it has taken to achieve what we believe to be "fair value." Did you notice this comment on Page 57 of SB2A?
"The Company has issued a $50,000 note due to an individual that is non-interest bearing, convertible to shares of common stock at $1.50 per share and unsecured, which was due March 23, 2003."

This tells me that the company expected at least $1.50 per share would be achieved by March of 2003. Some of us are still waiting for what we expect will come.