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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: CIMA who wrote (49285)	6/1/2000 6:08:00 PM
From: Jim Bishop	Respond to of 150070

Hmm CSCA from the 10K edgar-online.com "As of March 6, 2000, there were approximately 3,000,000 shares of common stock outstanding.' Name of Number of Shares Percentage of Beneficial Owner Beneficially Owned Ownership * ---------------- ------------------ ----------- Charles Stidham 0 (1) 0% Robert G.M. Hind 690,000 23% Barry J. Muncaster 690,000 23% Mark S. Pierce 690,000 23% All executive officers and directors as a group (one person) -0- * Based on approximately 3,000,000 shares of common stock outstanding on March 3, 2000. (1) Mr. Stidham, on February 16, 2000, was granted an option to acquire up to 930,000 shares of common stock at a price per share of the greater of $.05 or the market price therefor on either the date of grant or exercise. Mr. Stidham, also on February 16, 2000, was issued 1,000,000 preferred shares denominated Series A Preferred Shares. These shares were valued at $1,000 and were issued to Mr. Sitdham as compensation for his agreeing to serve as the sole executive officer and director of the Company. This series bears no dividends, are convertible on the basis of one preferred share for twenty common shares, have one vote per convertible common share and vote as a class with the common, are redeemable at the option of the Company at the price of $.25 per share, have no sinking funds provisions and are otherwise subject to Nevada law.