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stanu78

11/22/05 6:51 PM

#28918 RE: Hector777 #28912

Hector SUWN: check their SEC filings.. lots of shares registered to be sold by investors (institution) and the company won't get a dime from those transaction (and how those institution get the shares at the first place I don't know. maybe on a private placement)
and I also don't know why they want to sell now (but they are selilng now)

there are also warrants outstanding (exercise price) at .15-.167

I'm guessing these institution that is selilng now also hold the warrants so they can get the shares back when/if they exercise the warrants (there are about 15M warrants outstanding)

when the warrants is exercised the company will get the monwy (probably about $2M if thye exercise all the warrants)
and will then make the total outstanding sahres about 60M

I'm long 200K+ shares..
Won't move for a while but looks like it has good future.. especially if they are not a fraud and that Stevia sweetener is widely accepted (and not only by the diabetic and overweight people)...

Stan