I have followed the most recent dialogue and want to make a point. Mr. Spurlin (for the record my name is clearly identified under my info page, real person real name), i appreciate your post and i can surely understand your position regarding Mr. Joe Lents et al...but i must admonish you to be careful with speculation without fact. The fact is that, you are right the underlying revenue company was extracted from twti (financial standards )as a result of the bankruptcy. The fact is that Financial Standards did a private placement 504 at .75 cents a share and raised approximately 600k.The fact is that FSGI was formed entirely around the private placement (no shell)the fact is as of 12/31/98 there were 1.4 million shares issued and outstanding, the fact is that Mr.Jason Lents (pres of financial standards) owns 250,000 restricted shares, the fact is he is not mangement of TMAN.com, he remains as a board member, the fact is that financial standards is a wholly owned sub of TMAN.com, the fact is that 3,000,000 restricted shares were issued for the assets of TMAN.com bringing the total to approximately 4.4 million shares issued and outstanding. The fact is that new management beneficially owns super majority, the fact is that you are WRONG!...
But again we appreciate your insight and all of us should be alert to the promises and possible hidden agendas of small growth BB stocks. I have no love loss for the person you so vehemently despise, but i can assure you i would have dumped my position if i weren't comfortable with new management and business intregrity.
As a close this thread is now to be continued under CHOP-TMAN.com |
