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Been_Burned_Before

01/31/06 2:23 PM

#1453 RE: kcflip #1452

Thanks kcflip!

You are very correct! Apparently, the document from which I pulled Leonard Koblenz's information has his name misspelled but has his phone number listed correctly. For the database link, go here:

http://www.tsbpa.state.tx.us/macros/OD007.ndm/DETAIL?ID=027672

It shows his address and license ID, as well.

By the way, at the time of this CEO swap, LitFiber provided a much better public company vehicle for moving forward with the plan to ultimately take Grifco into either Amex or Nasdaq than did Summit Entertainment Group. As I understand it, SETG was a "Grey Market" Pink Sheet, while LTBI was a true "piggyback qualified" Pink Sheet Security. What this essentially means is that, in addition to providing any possible investors the luxury of electronically tracking both share price and volume, it also provided possible investors with a desired frequency of quotation. Furthermore, I understand SETG shares were NOT registered, and SETG had but only a handful of shareholders, while LTBI's shares WERE registered, and it had nearly 1,000 or more shareholders.

Once more, at that time, LTBI offered Jim Dial a far better vehicle by which to achieve his ultimate goal to eventually quote the security on the listed boards. The only problem? LTBI wasn't as clean as it should have been in order to make all these plans feasibly possible within the time frame once envisioned. The proposed move to the listed boards is going to take a littile bit longer, so it seems.

Been_Burned_Before