In response to your questions:
1. The company at this time is not selling stock. So any investment being made is not for the benefit of the company. In fact, all current investors were inherited from SPOOFEM. MIHIL will not make one penny from the stock going up or loose any money if the stock drops.
2. We use OTC market PR because a nationwide PR cost us $1000 per release - where is the cost benefit to the company. If we wree getting ready to sell treasury stock that would make sense since there would be some return to the company. Nationwide PR at this time is just money thrown away that we need for other uses.
3. If you as investors what nationwide PR during market hours then I suggest you chip in and purchase some new treasury stock so that we have funds set aside for this. Otherwise we will issue nationwide PR when we are ready.
4. In response to shady statement - how has the company or its management and majotiry shareholders benefited to date? No stock was sold, none is being promoted for sale. What is our benefit? We have made no money on the current shareholders. Not one penny of the funds you use to buy stock went to the company or helped the company in any way. To date all investment to make this company a real business has been by the management.
5. As to the financials - our company is extemely complex. We have holding overseas in various different private companies. Our auditor is requiring audited financials from those firms prior to issuing an audited statement for us. This is extremely time consuming and expensive, since we have to pay firms certified in the USA with the oversight board to do our audit. The cost is estimated at over $60,000. We are working on this but we are constrained by the difficulty of the process and of course the cost. We did find a way to provide interim information. We will be filing our tax return for 2012. This return will include our balance sheet and P/L as well as information on assets purchased in 2012. Our CFO who is a CPA is working on it.
6. We have scheduled the Conference Call for Sunday March 31, 2013 at 4:00pm ET. Anyone who wishes to participate must register this week.
If you have questions go to our website, email us or call.
