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To: Jeffrey S. Mitchell who wrote (1731)	7/24/2001 12:49:51 AM
From: Jeffrey S. Mitchell	Read Replies (1) of 12465

Re: IFTP/IFTA Update Note: TK = Thomason Kernaghan; RS = 1 for 200 reverse split By: DC-Steve $$$ Reply To: 13129 by janice456 $$$$ Monday, 23 Jul 2001 at 11:30 AM EDT Post #13148 of 14794 TK alone now has 5.2 million shares! FIVE POINT TWO MILLION!!! That's more than double the amount of the ENTIRE FLOAT at the time of the RS!!! The officers and directors have 3.9 million. Bondy & Schloss 150k. Poor Dean Tornabene & Charles Peres only have 1,370 each. I guess that tells you what their inventions are worth. In other words, longs, put this all together and it means that whatever percent of IFTA you held at the time of the RS, you now own about ONE-FIFTH as much. You have effectively been diluted out of 80% of your pre-split ownership stake. Now, who wants to sing that "long" refrain about how bashers are all liars and IFTA couldn't possibly be screwing the public over or doing anything to hurt its shareholders? Man, I've seen some bold penny stock thieves before, but these guys rank right at the top if they've really done what it looks like they've done here. ragingbull.lycos.com

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