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

To: Jim Bishop who wrote (144770)	6/1/2005 1:25:14 PM
From: Jim Bishop	Read Replies (5) \| Respond to of 150070

Before the Ink Dried: The Chaos and Confusion Stemming From GLUV Corporation GLUV Corporation (OTC: GVRP) acknowledged that 3 million shares of the company's common stock were issued prior to the dividend payment date. According to the company, it appears that an unknown number of those shares have been improperly traded in the marketplace throughout the last week or so. Recently, the Board of Directors of GLUV Corporation had voted that each shareholder holding shares on May 13, 2005, was entitled to a dividend of common shares at a ratio of 3 million shares for every 1 common share held on that date. The confusion began as the company believes that at least 3 million of such shares appear to have been distributed prior to the payment date. The company is investigating the reasons behind the distribution of these shares and has even called the Securities and Exchange Commission to seek out a halt of the company’s shares. This is in connection to a major problem when the Pink Sheets Electronic Quotation System showed that the outstanding common stock of GLUV Corporation might be as high as 99 trillion shares. Believing that the Pink Sheets service was in error, the company claims that only 11 shares were “outstanding prior to the declaration of the dividend with the 3 million share dividend attached to them,” rather than the Pink Sheets service that reflected 33 million shares of the company’s stock with the three million share dividend attached to each of those shares. Finally, on Friday, May 27, 2005, the SEC imposed a trading suspension for GVRP stock. In their trading suspension notice, the SEC cited that among other things, “the Commission temporarily suspended trading in the securities of GLUV because of questions that have been raised about the accuracy and adequacy of publicly disseminated information.” This includes the number of shares outstanding for the company, the availability of non-restricted shares for trading and delivery, the current shareholders of the company and the rights attached to ownership of these shares. Robert W. Pearce, the company's chief executive officer, stated that he is “very grateful to the SEC for having acted so quickly in response to our request for help. The confusion about the actual number of the company's shares that are publicly available for trading appears to have caused some investors and various members of the brokerage community to be maintaining positions in our stock that are far in excess of the actual number of shares that we have outstanding. It is our hope that the SEC will ultimately resolve this problem by fashioning a solution that will permit the brokerage community to reverse the trades that should not have occurred in our stock during the past week." As the SEC continues to monitor the situation, shareholders can only hope that trading will return to normal as soon as possible. antandsons.com

To: Jim Bishop who wrote (144770)	6/1/2005 1:49:18 PM
From: Rocket Red	Read Replies (1) \| Respond to of 150070

Arctic Star Diamond Corp. and Tres-Or Resources Ltd. have intersected, in the first hole drilled into the Lapointe 1 target on the Temagami North claims, weathered and serpentinized kimberlitic breccia at 93 metres. This hole was drilled northward at an inclination of 62.5 degrees, and the casing was set entering kimberlitic bedrock at 93 metres down hole. Drilling is continuing, and plans call for at least four holes to test different parts of this large anomaly, estimated from the magnetic signature at 20 hectares at the surface. Preliminary visual observations reveal that the kimberlitic breccia is a greenish-grey colour, mostly unconsolidated, serpentinized and rich in calcite. It has a macrocrystic texture, with rare, well-preserved purple Cr-pyrope garnets, emerald-green chrome diopsides, forsteritic olivine and black oxides, with limestone xenoliths up to two centimetres in diameter. Lots of diamonds in there too as you can't have with rare, well-preserved purple Cr-pyrope garnets, emerald-green chrome diopsides, forsteritic olivine and black oxides, with limestone xenoliths up to two centimetres in diameter. All the above in visual core with no diamonds