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Microcap & Penny Stocks : Service Systems International Ltd. (SVSY - OTC BB) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Fortune III who wrote (259)5/7/1998 8:30:00 PM
From: SCRIBEALIVE  Read Replies (1) | Respond to of 527
 
Add some more shares to the barrel

On April 23, 1998, the Registrant issued to two Canadian employees, in a Regulation S transaction, 75,321 shares of common stock in satisfaction of unpaid, services valued at $0.20 per share. In addition, the Corporation issued, in repayment of loans, including interest, to the corporation, 1,481,497 shares of common stock valued at $0.20 per share to one Canadian individual, one United Kingdom corporation and three Bahamian corporations, in Regulation S transactions. In addition to the issuance of common stock, as
part of the repayment, the four corporations received warrants to purchase an additional 1,446,281 shares of common stock at an exercise price of $0.40 a share, exercisable for a period of two years from issuance.

My notes here:

My exact prediction: I want full disclosure of the ownership of
these Bahamian fronts. I would bet my ass that they are management.

Plan to attend the upcoming AGM a shareholders revolt is now in
order.

Mind you 1.4 free in our potential face in 40 days
isn't all that bad as this company needs to stay afloat
with personal loans from such friendly sources.

Otherwise I am just going to take a Vallium
and await for Christmas. But don't say I am not looking
out for our interests, even though I scribealive.