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Technology Stocks : IRAC - Intrac, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (34)	12/20/2001 7:57:34 PM
From: jmhollen	Read Replies (2) \| Respond to of 49

I don't believe that's the case, RR. The 504 can only represent $1MM, and it has to be placed with recognized investors for "..seed.." money - per what I read. If you have a different perspective, explain it in a little more detail, please. John :-) .

To: Rocket Red who wrote (34)	12/21/2001 7:27:52 AM
From: LORD ERNIE	Respond to of 49

FROM A FRIND: this company did the worst thing I have ever seen since the day I started trading. I just called the transfer agent anf the Issued and Outstanding is now 51 million shares. They did this yesterday. Which means that every market maker on the planet knew ahead of time. First they say a forward split, then they increase authorized to 200 million. Then the stock goes to .07 cents and all of a sudden it is .006 and they do a reverse split and we were never told. Now for the last week the transfer agent has been telling everyone that there are only 1,008,450 shares issued and outstanding. Then the attorney assures everyone that the company is not issuing shares . Look what these son of a bitches did to all of us! The market makers knew way ahead of time, and shorted against the issuance of more shares. This is not Over. Everyone responsible here will have to answer for the lies, and I have everything documented. I am bringing this to the S.E.C. and the attorney generals office. This was so wrong!