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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: tlhutch who wrote (147690)3/22/2006 3:31:17 PM
From: M0NEYMADE  Read Replies (1) of 150070
 
ITEM 5. Interest in Securities of the Issuer

(a) As a result of the Securities Purchase Agreement between Edward Schwalb, as Seller, and MXC, an entity controlled by Richard O. Weed, as Buyer, Mr. Weed is the beneficial owner of 45% of the issued and outstanding common stock.

(b) Mr. Weed has the sole power to vote and dispose of the shares described in paragraph (a).

(c) In the past sixty days, Mr. Weed has effected the following transactions in the company's common stock: None

(d) Not applicable.

(e) Not applicable.
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