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TFCT.....next ebay????
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[QUOTE]Originally posted by roger7485: [QB] "During the third and fourth quarter of 2003, the Company raised $4,629,564by selling 235,730,081 shares of common stock. This offering was completed inthe first quarter of 2004, bringing the total cash raised to $5,000,000 and anadditional 35,300,000 shares of common stock were issued under regulation E.Additionally, Compass Capital purchased 3,000,000 shares of restricted commonstock for a total payment of $750,000. This was part of the commitment topurchase 10,000,000 shares $2,500,000 which resulted in a director representingCompass Capital being elected to the Board of Directors." Dunno the O/S but add 235 million.... And then from the first quarter they made 1,297,347 from selling stock, lets say at .035 average is 1,297,347/.035 = a little over 37 million more shares. So here is the O/S from the 10-K "As of December 31, 2003 the Company has outstanding 437,173,162 shares of common stock" Add in the 37 million and the O/S is now 474,173,162 by my count as of March 31, 2004. The A/S was upped to 750 million in November by a vote. [This message has been edited by roger7485 (edited June 02, 2004).] [/QB][/QUOTE]
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