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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (94983)	8/21/2006 10:49:59 AM
From: Patchie	Respond to of 122087

Jeff it is obvious that responding to you is like responding to a child. You simply ignore the FACTS of the moment. 1. Authorized is NOT issued. I don't care if it is a Billion, 10 Billion or 100 Billion authorized as authorized and issued are two seperate animals. As for your math you need a better calculator. The split was 1;350 on issued shares and the result of that was 1.1M issued shares. Now by the math 350 * 1.1 = 385 Million issued pre split. 2. Number of common shares issued is very clearly stated in Filings and Common stock is all that trades publicly. 3. The FOIA data is based on Fails as of that date. The fails identify ZERO prior to April 18. Now, when a company goes through a corporate action teh fails move with that corporate action as fails are directly linked to a trade and trade volume. 4. Simpson filed based on purchases made on Feb. 3. The data he had on Feb. 3 was 1.1 Million shares and the LAW requires him to file not the company. The news of 4.0 Million was not released until a later filing. Neither disputes the difference between Fails and Issued shares being a 2.5:1 factor on April 18, 2005. Funny how you keep glossing over this specific IRREFUTABLE data point. 5. Global Links past history is no different than Wall Street's past history unless you plan on ignoring the near 10 billions in fines imposed on Wall Street since 2003. but then again, that doesn't support your arguement so we will only discuss past history when it is convienient. Finally, your reading comprehension is still lacking. How many times can I say it was a MARKET GAFFE. Wall Street failed to recalculate the shares in shareholder accounts and after finding out, decided to hide the truth and wait for Global links to issue more shares to cover their gaffe. Is that slow enough for your feeble mind? they allowed some yahoo to sell 350,000 shares in the open market when the account was supposed to be recalculated to 1,000 shares. Once the CUSIP change was made, the result was a 349,000 share fail from the long side which is why it does not show up as a short in the short report. The trade was marked LONG! I find it appalling that you continue to blame a company for the illegal activities of Wall Street. Next you will be condoning the murder of less privaledged because you disagree with their lifestyle. Stick to the facts and explain the FOIA data as it was represented on April 18, 2005. How many fails, how many shares issued to the market for trading? Stick to facts for that single day.

To: Jeffrey S. Mitchell who wrote (94983)	8/21/2006 2:43:03 PM
From: wonk	Respond to of 122087

Hi Jeff: 1. Someone should learn the FASB definitions of: Authorized Issued Outstanding 2. Perhaps the Company should comply with FASB 128: This Statement establishes standards for computing and presenting earnings per share (EPS) and applies to entities with publicly held common stock or potential common stock. This Statement simplifies the standards for computing earnings per share previously found in APB Opinion No. 15, Earnings per Share, and makes them comparable to international EPS standards. It replaces the presentation of primary EPS with a presentation of basic EPS. It also requires dual presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. Basic EPS excludes dilution and is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. Diluted EPS is computed similarly to fully diluted EPS pursuant to Opinion 15. fasb.org 3. Someone should read Section 3.1 of the S-8, particularly the definition of change of control. I’m not suggesting this happened here but if, for the sake of argument, Simpson did buy 100% of the outstanding, by action of the Incentive Plan all options and awards would immediately vest. In other words, by the mere fact of filing the 13D, awarded but unvested options were immediately accelerated. And they were registered shares. Neat trick. ww