Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jim Bishop who wrote (109244)	9/17/2002 11:08:52 PM
From: Kevin Clarke	Read Replies (1) \| Respond to of 150070

JIM, or ANYONE ELSE Can you explain what the hell is going on here? ITEC, subject to approval by Greenland shareholders, will purchase Greenland shares that will result initially of ownership of 60% of the issued and outstanding shares of Greenland. ITEC issued a convertible note in the amount of $2,250,000 for the initial shares. Additionally, ITEC received warrants that are exercisable in stages as PEO contracts reach specified levels. When PEO contracts reach a level of $48 million annually, all warrants will have vested and can be exercised. As a result, ITEC will own an additional cumulative 30% ownership of the issued and outstanding shares of Greenland. biz.yahoo.com What I'm trying to figure out is, how much is ITEC going to pay for the controlling interest of GLCP Will it be one of these figures mentioned here? 1) Based on 480,023,397 shares of Common Stock outstanding as of September 16, 2002 plus 50,000,000 warrants and/or options now exercisable for a total of 530,023,397 shares fully diluted. (2) Including options now exercisable to purchase 4,500,000 shares of Greenland Corporation common stock at $.008 per share, and to purchase 15,150,245 shares of Greenland Corporation common stock at $.016 per share (does not include rights to receive options to purchase approximately 20,000,000 shares at .006 and does not include compensation owed Mr. Beener of approximately $250,000 which may be paid in the form of cash, stock and/or stock options). (3) Including options now exercisable to purchase 450,000 shares of Greenland Corporation common stock at $.05 per share. (4) Including options now exercisable to purchase 150,000 shares of Greenland Corporation common stock at $.15 per share and 450,000 shares of Greenland Corporation common stock at $.05 per share. pinksheets.com Then they talk about a RS, can anyone make heads or tails of whats going on here? SSP?

To: Jim Bishop who wrote (109244)	9/18/2002 9:11:10 AM
From: Buckey	Respond to of 150070

OK where do I know that name from - Stephen Doppler about WPCT?? I am thinking it was a gold play but am not sure

To: Jim Bishop who wrote (109244)	9/26/2002 9:11:44 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

WPCT to Effect a Symbol and Name Change on 09/27/2002 Ridgeland, MS, SEP 26, 2002 (EventX/Knobias.com via COMTEX) -- WESPAC TECHS CP (OTC: WPCT) intends to change its name to Strata Coal Company and its trading symbol to SCOC on September 27, 2002, according to OTCBB. The above is subject to change at the discretion of the company and/or regulatory authorities. If changes occur, updates will be provided at Knobias.com. GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been delayed by 10 minutes. To get all Knobias alerts in real-time daily, visit knobias.com ABOUT KNOBIAS: Knobias is a financial information provider serving retail investors and trading professionals. Knobias collects and maintains real-time and historical market intelligence on all U.S. securities, with special emphasis on Over-the-Counter (OTC) stocks. Knobias provides customers with two core products: 1. Knobias FUNDAMENTALS: A comprehensive web-based database of fundamental research covering thousands of U.S. securities; 2. Knobias RAiDAR: A web-based desktop application that delivers thousands of real-time, intraday alerts daily. RAiDAR alerts include real-time news, filings, trading alerts, earnings alerts, coverage alerts and critical corp actions. KNOBIAS DISCLAIMER: Knobias has received no compensation from the Company or Companies mentioned in this story. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC. CONTACT: Knobias.com, LLC 601-978-3399 601-978-3675 info@knobias.com www.knobias.com/cmtx Copyright 2002 Knobias.com, LLC, All rights reserved. -0- SUBJECT CODE: Symbol/Name Change * end of story *