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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: SSP who wrote (129381)3/3/2004 2:18:10 PM
From: bigbuk  Read Replies (1) of 150070
 
SFXC == .006 PAPER


(a) An aggregate of 8,333,332 shares were sold in June 2003 at $0.006 per share
($50,000 cash) in connection with the exercise of warrants by one (1)
investor. The proceeds of such sales were used to finance the Company's
continuing operations and to purchase inventory of its MagnaPaint and
shipping supplies;

(b) An aggregate of 15,950,000 shares were sold (including warrants exercised)
in February, March, May, June, and August 2003 at $0.01 per share ($159,500
cash), to four (4) investors. The proceeds of such sales were used to
finance the Company's continuing operations, pay accounts payable, and to
purchase inventory of its MagnaPaint and shipping supplies;
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