A response to your post from Yahoo:
Someone please post this on SI for me as I dont have an
SI account....
MRBIGAIR....Its laughable how wrong you are regarding
this issue. Millennium ALWAYS, if paid in stock, is done
so with a resticted security! as an example of such, below
is a sample from the S-3/A filed by Tear Drop Golf on
6/24/98 for payment of stock to Mill for services rendered
for the previous year....you see, they just got paid!
===============================================================================
Beneficial
Ownership of Shares
Shares of Beneficially
Common Owned
Stock Prior Shares to be Sold After the
Selling Stockholder to Sale (1) in the Offering Offering (2)
- --------------------------------------------------------------------------------
TA Liquidation Corp. 1,108,333(3) 1,108,333 0
- --------------------------------------------------------------------------------
J.R.H. Golf Corporation 237,357(4) 237,357 0
- --------------------------------------------------------------------------------
Millenium Holdings 55,000 55,000 0
Group, Inc.
- --------------------------------------------------------------------------------
Sharon Allen(5) 1,000 1,000 0
- --------------------------------------------------------------------------------
Brian John(5) 14,000 14,000 0
- --------------------------------------------------------------------------------
Herbert Tabin(5) 15,000 15,000 0
- --------------------------------------------------------------------------------
Gary J. Schultheis(5) 15,000 15,000 0
- --------------------------------------------------------------------------------
Pro Golf Promotions, L.L.C.(6) 75,000 75,000 0
================================================================================
(1) Includes shares of Common stock issuable upon exercise of options or warrants which are exercisable within 60
days from the date of this Prospectus.Unless otherwise noted, the Company believes that all of the persons named in
the above table have sole voting power with respect to all shares of Common Stock beneficially owned by them. |
