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Microcap & Penny Stocks : AREE - Formerly TVSI

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To: Angel D who wrote (5251)5/25/1999 8:43:00 PM
From: Tommy Hicks  Read Replies (1) of 6528
 
Hi Angel,

It's been a long time. Wannabe and no life?.......that hurts, but c'mon, reread this press release and tell me that there wasn't an effort to, ummmmm....present things that weren't factual.

exchange2000.com

Also have you tried to follow the sections titled "common stock" and "related party transactions" in this document.

sec.gov

It's difficult to follow but the share printing press must have been worn out I'm sure by just shear overload. I'll try to summarize, but my calculator has a difficult time with this many digits.

As of Dec. 31, '98

3,000,000 shares issued to two officers for accrued expenses and compensation payable recorded as a liability as of March 31, 1998.

30,000,000 shares issued to Aggression Sports

1,176,479 shares issued to two former officers for severance pay.

2,352,941 shares issued as management fees to two current officers

20,000,000 shares issued to the two current officers of the Company for services

2,500,000 shares issued as consideration for providing collateral for a loan

2,500,000 shares issued as additional collateral for repayment of a loan

5,000,000 shares issued to the Company's CEO by the CEO exercising an option for $25,000

500,000 shares issued to an individual engaged by ASI for services

6,018,361 shares issued in a private placement

10,000,000 shares issued to a former officer of the Company for services valued at $50,000

1,000,000 shares issued for consulting services

7,263,158 shares issued for conversion of Series B preferred

I didn't list a lot of the "preferred" stock transactions, but I guess this is enough to ask the question, are you pleased with the current management of your investment?

And of course. BWAAAAAAAAHAAAAAAAAAA!

th
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