MIKE VITAS - Yes, you are quite correct! If Ms. Brooks (if there really is a Ms. Brooks), does not still have all of her shares, I would read that as a breach of the agreement to "LOCK UP" (not sell) ANY SHARES PRIOR TO 12-1-95!
Bear in mind that its not just Brooks by herself, but a group of three - Brooks, Purvis, and Perkins - for a total of 7,200,000 shares, all issued for the same purpose and working as a "group" that are not to sell more than 50,000 shares per week, and then only AFTER 12-1-96!
Someone posted here, that Dr. Thornthwaite had said that he had never heard of them even though introducing the Company to him is listed in their "agreements" as a reason for their compensation! WOULD WHOEVER IT WAS THAT POSTED SOMETHING ON THIS, PLEASE CLARIFY!
I am only speculating now, but I wouldn't be at all surprised to find out that these three don't even exist, or that if they do exist, that they were merely used as a conduit (knowingly, or not) for the transfer of shares to a "third party". I WOULD DEFINITELY WANT TO KNOW WHO THAT MIGHT BE! Surely, the SEC will track this info down conclusively!
Mike, thanks for the e-mail, also. Since I do not have ALL of the agreement Exhibits, I can not list what EVERY ONE was supposed to have done for the shares that they received, but I will include it, the best that I can, in the database that I am working on to go onto the Unofficial SEXI Home Page created by Wa$ef Kassis (THANK YOU WASEF!). I may have to ask my source of these documents to make another visit to the SEC for us!
SEDONA John (Maybe I need a posting limitation to enjoy being in Paradise!)
(I'm having a hard time keeping up with you guys!) |
