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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: Patchie who wrote (94968)8/19/2006 3:27:59 PM
From: Jeffrey S. Mitchell  Read Replies (1) of 122087
 
Did Simpson purchase 100% of the reported shares on Feb. 3, 2005?

Absolutely not. There is no accounting for the 600M shares issued pursuant to the "Amended Employee Stock Incentive Plan for the Year 2004 No. 3". These shares were not subject to the reverse split. What became of those shares? How convenient to just ignore them.

Start your homework by reading here, the registration of 199M of the 600M shares on 7/28/04 -- which, on my calendar, is prior to 2/3/2005 -- all of which exempt from the reverse split: sec.gov

And when you reply, please stick to the facts. Namecalling just makes you look childish and unprofessional.

- Jeff
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