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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC.

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To: James E Lynch who wrote (4113)5/17/2000 9:30:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) of 4128
 
It never ceases to amaze me how OTC/pink sheet companies are seemingly able to issue paper at will. And people wonder why stock prices go nowhere?


ITEM 4. RECENT SALES OF UNREGISTERED SECURITIES

[Summarized]

2/00 - 15,395,000 to an aggregate of 44 officers, workers and consultants
11/99 - 2,358,000 to Falcon Energy of Illinois, Inc.
10/99 - 1,000,000 to Saul Ben-Heim of Israel
10/99 - 225,000 to 9 consultants of the Company
6/99 - 5,220,000 to 36 workers and consultants
2/99- 6/99 - 7,410,075 to an aggregate of 47 accredited investors.
6/99 - 23,000 to Dove Gems & Jewelry Co., Ltd.
5/99 - 4,500,000 to Carlyle Consulting Corporation
5/99 - 497,000 to Marc Suzannah
12/98- 5/99 - 10,000,000 to 14 accredited investors
12/98 - 1,500,000 to Falcon Energy of Illinois, Inc.
==========
48,128,075


- Jeff
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