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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (72330)7/2/2001 10:32:13 PM
From: CaptainSEC  Read Replies (5) of 122087
 
LOL right back at ya!

YOu got me I lied there reveenues are actually zero so I did give them an extra .00000001 dollars in their favor..

yep...i said i'd give you that one.

The share counts and price are all errors in their favor.

As you yourself just stated, those are still errors though, aren't they. Who they favor, if anyone, is irrelevant, as is your source, as is your motivation in 'rounding off'. The report doesn't say rounded off, nor that the numbers are from Bloomberg.May I remind me of your original post?

I will pay $ 10,000.00 to anyone who is able to find one untruthfull statement in the SLPH report, PART 1 ,.
In addition I will retract the statement and amend it with a correction . I will pay $ 10,000.00 per statement.

What i meant is any of the due diligence facts not the fluctuating stuff pulled of the filings... that is the spirit of the challenge...

I really shouldn't even dignify your attempt to change the rules after being defeated with a response. However, I firmly believe that going directly to SEC filings for share count information is EXACTLY what due diligence facts are. 'Due diligence facts' are not numbers parroted from the last Bloomberg update, they are numbers that you dig up by diligently reading. Great examples of this are with old friends ETYS and KOOP financing...the details of which were only available by going into the filings and poring over nebulously worded agreements designed to sound like they wouldn't induce shareholder losses.

'Due diligence facts' are things like Liviakis and company controlling a huge chunk of BIOP stock, which you get from reading filings, not from Bloomberg. The fact is, your share count is wrong. It doesn't matter where you pulled it from. The fact is, the market cap is also wrong. You've explained where the error came from, rationalized it; justified it; but that doesn't change the fact that it is still an error; an 'untruthful statement'!!!!!!!!!!!!!!

Lets just take a closer look at that Bloomberg number that you claim is the source for erroneous share counts and price and market cap:

DETAILED QUOTE
SLPH   Sulphco Inc
Shares (Millions) 23.288

quote.bloomberg.com

Compare to insidetruth.com numbers:
FINANCIAL DATA and STATS:

Shares Outstanding: 22,700,000

my sources are pulled off of Bloomberg the only source I use for share counts and mkt cap and closing prices

By that reasoning, your report should have stated that there were 23.288 million shares outstanding (or whatever level of detail your Bloomberg terminal provides. I can't imagine that their share count number is different for subscribers from the figure given on their free website, but please correct me if i'm wrong. I can't offer you 10k though)

So, thats still price, share count, market cap errors. (and the freebie Gross Revenues error).

With all the recent discussions of integrity and truthfulness around here, I would think that you would be happy to uphold your side of the bargain and show everyone what an honest guy you are. Frankly, I'm surprised and a little disappointed that you are trying to welch.
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