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VST7

07/14/05 8:37 PM

#2053 RE: purlieu #2052

One interesting bit of info that I have figured out from calling the T/A today is this; They seem to be way behind on their figures, I have been calling on a weekly to semi-weekly basis, today was the first time since late March early April that the Restricted share count has changed according to the T/A, Now the figure that was given me today was a decrease in the Restricted share count by 851,969 shares, that is exactly the amount that the Stock Comm. Group sold back in March that was a planned sale, I believe these 851,969 shares have been in the float since March and the T/A is just now updating their figures. The Stock Comm. Group just offed 1.8 Mil shares, I don't believe the T/A has updated their figures yet even though these shares are probably pretty much all are in the float now, there may be a few yet for the MM & Broker handling the sale to dump, but I don't believe we will have the updated share count for a while seeing how slow they are. I have another company that I have been a shareholder of for a while and I have certs coming right now, they just changed over to a new T/A and after talking with the new one, they told me that the old one had the company records so screwed up, that is has taken 3 weeks and they are only 80% up to date, he said it will be another couple weeks before they can send me my certs, thats how screwed up they are! It doesn't appear that Colonial Transfer (MLXO's T/A) isn't on the ball either. I think it's safe to say that the current Restricted and Float count is as follows; Restricted; 59,669,954 and Float; 28,677,355.
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wzebra33

07/14/05 9:06 PM

#2055 RE: purlieu #2052

It was talked abought on another board , after a sale a form 4 must be filed buy the end of the second day.a
A form 4 for every day of stock sale.

"Form 4 must be filed before the end of the second business day following the day on which a transaction resulting in a change in beneficial ownership has been executed."