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Microcap & Penny Stocks : SFAD Breaking into the INTERNET in a big way! -- Ignore unavailable to you. Want to Upgrade?

To: Andrew H who wrote (222)	12/5/1998 12:57:00 PM
From: David Sirk	Read Replies (1) \| Respond to of 1322

THis whole thing was an accounting ploy . This company was in debt before Febuary. The was a reverse merger with IN and then a reverse split. Threw a bunch of accounting Wizardtry the company went from being in Debt to have a surplus. To insure that the CEO would have a controlling intrest in the company A bunch of new shares were printed and Put into there families trust, restricted for at least two years. Other stock has been given out in an Employee Incentive program. Once again this stock is restricted. The whole Idea behind this programe was to keep personel committed to SFAD. SFAD employes over 1000 people. Now I'm sure the CEO when she was handing out stock options must have made some assurances that the 600,000,000 shares that are in trust would not be dumped into the float any time soon. What we have here is a stock with 70 million OSS. Still allot but tradable. That's why we shot up to .09 so fast there is not that much stock in the float right now. This will all be mute it the mall opens and every thing looks good. Momentum traders and Daytraders will jump all over this thing when they see 200% price swings. You are right about being quick. One is really going to have to pick your spot when you jump off this merrygoround.