You been talking to Gary and Sharon again? Or did somebody at Buzzbahn tell you that?
Then why would they put that salary agreement in an SEC filing and announce it to shareholders after they vote to give it to themselves?
Although, I think part of the salary agreement does say that some of the salary CAN or MAY be in shares of INOL. Voting rights for the preferred shares was left wide open, probably on purpose.
They raised the A/S and diluted PHMB 3 times, even after it dropped to .0001, about 3B shares per month on average.(3B to 6B to 10B to 20B and then walked away after announcing that Ira Frohman had taken over) Ira never showed up on the Nevada papers, although Jeffrey Smuda CEO of CTCC is on the papers now.
One of Jeffrey Smuda's subsidiary companies is being investigated in NC, but that's a whole different topic.
Think about it, INOL was 216M O/S in Feb. 2011 by May 2011 O/S had grown to 426M. I'll bet Gary is mad at somebody for updating the info. at the OTC, after all, if he wanted us to know the O/S he would remove the gag order on the TA.
They diluted 210M shares of INOL in the last 3 months. They made a killing diluting in Sept. of 2010. IMO about 100M shares. If you allow an average of .05 a share X 100M = $5M. Sept. was a pretty good month for Gary. If you think I'm lying about the amount of dilution check the SEC filing before the "pop" for the O/S and then the SEC filing after the "pop."
I can't wait for the next SEC filing to be done.
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