Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: J. Nelson who wrote (243)	12/5/1998 3:44:00 PM
From: cAPSLOCK	Read Replies (1) \| Respond to of 1322

I do have an old SFAD proxy around somewhere. I will look for it. You SHOULD be able to get the transfer agents name from SFAD themselves if you call. Even easier is to go to edgar-online.com and look up SFADS SEC filings. They have been a reporting company for years. Specifically go to: www2.edgar-online.com There you will find exactly how they got to the current number of 999,999,000 authorized shares. I link through Yahoo so I don't have to subscribe. Ill even quote the SC-13D section 4b for you: 4(b) Capitalization. The authorized capital stock of Safe Aid consists of 950,000,000 shares of $.00001 par value Common Stock, of which 705,477,200 shares are outstanding as of the date of this Agreement. Prior to Closing, Safe Aid shall complete a 10 to 1 reverse stock split pursuant to which the number of outstanding shares will be reduced to 70,547,720 as of Closing with no change to the par value of the Common Stock, and shall increase its authorized Common Stock to 999,999,000 shares. All of the outstanding shares of Common Stock have been validly issued and are fully paid and non-assessable. Except (i) for outstanding warrants for the purchase of 147,272,800 shares of Common Stock as described in the Form 10-QSB filed by Safe Aid with the Securities and Exchange Commission for the quarter ended May 31, 1997 and (ii) as described in this Agreement, Safe Aid has no shares of Common Stock reserved for issuance and there are no outstanding subscriptions, options, warrants, rights, convertible securities or other agreements or commitments of any character relating to the issued or unissued Common Stock or other securities of Safe Aid obligating Safe Aid to issue any securities. Ill go look for my proxy now. I may have thrown it away. cAPSLOCK