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

To: bigbuk who wrote (124764)	12/23/2003 5:33:12 PM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

"As of the Record Date, the Company's authorized capitalization consisted of 499,991,064 shares of Common Stock, of which 499,991,064 shares were issued and outstanding as of the Record Date. Holders of Common Stock of the Company have no preemptive rights to acquire or subscribe to any of the additional shares of Common Stock." "1. To consider and vote upon a proposal to amend the Company's Articles of Incorporation to increase the number of authorized shares of Common Stock, par value $.005 per share (the "Common Stock"), of the Company from 500,000,000 shares to 1,000,000,000 shares; and 2. To consider and vote upon a proposal to effect a one-for-one hundred fifty reverse stock split of the Company's common stock."