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07/29/11 8:10 PM

#13245 RE: JSBISHI #13244

YES, they could issue 100billion shares with no income, if people are willing to buy the stock. I think I am going to start a public company....Hmmmnnn.

A previous post by Trapper showed that Klok's estimated yearly income is about 5Million dollars. Not bad for a CEO that has no revenues huh? Ask HMIT for a link to the whistle blower SEC website, he will be GLAD to give it to you or post it.

And SEC allows for the additional issuance of shares, without any generated income? maybe there should be a cap rule for income to share issuance in the penny stock market. Would save on the fraudsters and make it more difficult to advantage of share purchasers.