Floyd: SHOW ME MORE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
On April 29, 1997 the Board of Directors, in accordance with Section
78.315(2) of the Nevada Revised Statutes, authorized a company name change to
BestWay, USA. A copy of the Certificate of Amendment of the Articles of
Incorporation changing the name of the Company is attached hereto and
incorporated herein by reference. See the Exhibit Index, Part III.
During July 1997, the Company authorized the private placement of 1,000,000
(post split adjusted) shares of the Company's common stock at a price of $2.50
per share. The Company sold a total of 129,994 (post split adjusted) shares and
received $324,984 in cash from this private placement.
1.)The memorandum was published before MAY 1997 (see page 4 on fortunecity) so how could they be selling July Private Placement Shares to be available for delivery in May?
The private placement did not take place until JULY 1997 (see 10sb)
2.)The trade date (from page 19 on fortune city) does not state the source of these shares. The source of the shares is not certain (restricted or non-restricted)
3.) Bryant Cragun is from Oxford International Management and the offering was from International Asset Management.
Therefore, it is my opinion that the information provided by yourself cannot be conclusive in regard to your allegations.
SHOW ME MORE!!!!!!!!!!!!!!!!!!!!! |
