Ellen<Ditch, that was a low - and silly - blow,>(reference 144s)
"These records indicated (i) that the
transfer agent's share balance as of July 1, 1995 showed 30,601 more
shares issued than the Company's financial statements, (ii) that
5,430,833 shares were issued for consulting services, (iii) that
7,400 shares were issued pursuant to a private placement, (iv) that
66,630 shares were issued under other issuances, the details of which
are not available, and (v) that $1,000,000 of debt was exchanged for
1,000,000 shares of common stock."
Based on the company's history for handing out "shares for services",
No, I don't think it was "silly" at all..DD |
