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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Big who wrote (45609)	10/20/1999 5:14:00 PM
From: StockDung	Respond to of 122087

Could someone tell me if a 144 would have been required on this transaction? Coachman, you have been quoting the law so much. Was anyone required to file a form 144 with the SEC? Transactions Involving Capital Stock tenkwizard.com. In conjunction with the acquisition of NMMC, Loraca issued a total of 6,200,000 shares of its common stock during the year ended December 31, 1998. In February 1998, Loraca issued 2,100,000 shares of its common stock ("Common Stock") to Mr. Baca in exchange for 100 percent of the outstanding shares of NMMC's common stock. In connection with the acquisition of NMMC, the Company acquired $173,848 in cash. Loraca also issued 4,100,000 shares of Common Stock to acquire 1,000,000 shares of the common stock of ZiaSun. The shares of ZiaSun common stock acquired were valued at $2,125,000. Sales of Marketable Securities During the six months ended June 30, 1999 the Company sold 179,000 shares of ZiaSun Common Stock, generating a gain on sale of $1,906,435. In addition, in May 1999 the Company transferred 41,000 shares of ZiaSun common stock, with a market value of $645,750, to Mr. Baca in exchange for forgiveness of a like amount of the principal and accrued interest on the note payable to Mr. Baca. As of June 30, 1999, the Company held 495,000 shares of ZiaSun common stock with an approximate market value of $4,160,970. The Company may liquidate additional investment securities, as needed, to fund its working capital needs