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TSBB ... NEWS just OUT! DarDaDog did you see THIS ?
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[QUOTE]Originally posted by platapuss: [QB] [QUOTE]Originally posted by kbpkt: [b] The ask has been at .004 for most of the day. To any person looking at this company that sees that they are voting on issueing more shares would naturally assume they need more money. I'm not trying to start a pi$$ing contest with you, but we have enough senseless pumpers all over Allstocks. Pump all you want, but having a vote on issueing more shares would only happen b/c you need more money. [This message has been edited by kbpkt (edited July 08, 2004).][/b][/QUOTE] NOTICE IS HEREBY GIVEN that the Annual Meeting of Stockholders of TS&B Holdings, Inc., a Utah corporation (the “Company”), will be held Tuesday, August 17, 2004, at 11:00 a.m. in offices of TS&B Holdings, Inc., for the following purposes: I To elect five (5) directors to serve for the upcoming year; Ii To consider and act upon a proposal to ratify the selection of Bauman, Raymondo, LLP as the Company's independent accountants for the year ending June 30, 2004; Iii To ratify the terms of a class of preferred stock; Iv To ratify the creation of certain committees to serve within the Board of Directors and provided guidance to the Company; V To authorize the increase the number of shares authorized for issuance; Vi To ratify prior action of the Company electing to be governed as a Business Development Company under the Investment Company Act of 1940; Vii To consider and act upon a proposal to allow the sale of stock issued by the Company at a price determined by the Board of Directors but which may be below the “net asset value” as that term is defined hereinbelow; and Viii To transact such other business as may properly come before the meeting or any adjournment thereof. First of all facts are facts. It does not state any where that they are issueing more shares. They are seeking to increase the authorized amount that they could issue if need to be. There is a difference. Here is a definition of authorized share: The maximum number of shares of stock that a company can issue. This number is specified initially in the company's charter, but it can be changed with shareholder approval. Generally a much greater number of shares are authorized than required, to give the company flexibility to issue more stock as needed. also called authorized stock or shares authorized. Now as far as pumping, give me a break. Everything I state as far as what I believe is my opinion as far as price goes...other wise it is fact, good or bad! Also I use Ameritrade and the Bid has only been at .004 once today. [/QB][/QUOTE]
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