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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (2188)	4/22/1999 8:59:00 AM
From: zonkie	Respond to of 4128

You bring up some very good issues there Jeff. It is my hope that management addresses them and doesn't say something like they might get to them next May 15th or something like that. z......

To: Jeffrey S. Mitchell who wrote (2188)	4/22/1999 11:06:00 AM
From: Spamboy	Read Replies (2) \| Respond to of 4128

Now that was an intelligent post! Of course Jeffrey, ABFG is just gonna jump right when YOU "the king of bash" issues YOUR formal "challenge".....I'm sure they are VERY impressed! Are we havin' a slight "EGO" problem? ROTFLOL!!! ABFG - ABFG - ABFG be warned ....Jeffrey Mitchell has issue a challenge.......That is the best one so far my wee wittle friend! You are absolutely killin' me here!!! Help! I can't catch my breath!! ROTF!!! Two things for you.....King Jeffrey! 1) May 2) 15th...........LOL! Stick around folks this is gonna get even more fun! Happy Trades.....Kowboy

To: Jeffrey S. Mitchell who wrote (2188)	5/19/1999 1:38:00 PM
From: Jeffrey S. Mitchell	Read Replies (2) \| Respond to of 4128

Re: Share count update Here is the old question, from late April: 8. According to public records kept by your transfer agent, Florida Atlantic Stock Transfer (954-726-4954), the total number of shares outstanding for ABFG is 32,549,000. You web site says there are 29,900,000 shares out: abfg.com, which is my understanding was accurate until very recently. --> Where did the 2,649,000 additional shares come from? ===== Revised version as of today: 8. According to public records kept by your transfer agent, Florida Atlantic Stock Transfer (954-726-4954), the total number of shares outstanding for ABFG is 33,213,000. You web site says there are 32,500,000 shares out (updated from 29,900,000): abfg.com. --> Where did the 3,313,000 additional shares come from in just the past few months? ===== Note: We're not just talking about a 10% increase in the float, we're talking about a 10% increase in the outstanding! - Jeff

To: Jeffrey S. Mitchell who wrote (2188)	7/6/1999 3:03:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 4128

Re: Issued and Outstanding Stock Update Back in April I wrote (in the referenced post): 8. According to public records kept by your transfer agent, Florida Atlantic Stock Transfer (954-726-4954), the total number of shares outstanding for ABFG is 32,549,000. You web site says there are 29,900,000 shares out: abfg.com, which is my understanding was accurate until very recently. --> Where did the 2,649,000 additional shares come from? For fun, I called FAST and was told the current issued and outstanding number is... brace yourself... 50,241,075! According to their web site the number is supposed to be 33,949,000 common and 10,000,000 preferred (see abfg.com. Looks to me like certain people who used to hold restricted stock recently converted it to common. My guess is the huge run-up from .50 to .75 on high volume was orchestrated to allow these people to sell at as high a price possible -- to the suckers who believed the Form 10 was about to be filed, the "E" would be removed, and all would be well in ABFG-land. My condolences to anyone who may have fallen for such a scheme if indeed something like that truly did happen. - Jeff