BNEZ and PMA; Success in 1999 Message Board

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Microcap & Penny Stocks : BNEZ and PMA; Success in 1999

BNEZ 0.00

Sep 18 5:00 PM EST

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To: Ellen who wrote (1528)	1/8/1999 12:24:00 PM
From: tRaDiAc	Read Replies (5) of 2648

No problemo Ellen: Here is what I have found... Rule 504 does not apply because it pertains to shares offered outside the authorized shares. Now BNEZ can issue up to the outstanding shares that existed at the time of the R/S without any paper trail or filing whatsoever. Another way for shares to come into the float is through sales of restricted shares as discussed previously. At this point the only way to determine the float would be to get a writ of summary for discovery in a court filing against the company. I am not going to spend my time doing that. If anyone feels froggy enough, let them leap. And last, regarding R/S it is my understanding the company has to do a filing with their state securities agency to do so. tRaDiAc

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