Reader Interaction - 22 July 2006

Questioning the Proxy Vote...




22 July 2006
EB Reader & PK Correspondence


PK,

On 10 May 2006, the company issued a news wire re: increasing the number of shares from 50 to 150 million.

Do you know if any of those shares are restricted?

If not there are at least 11 million shares added to the float from the conversion of warrants from private placement deals.

Yahoo shows the float at 40 million.

We need to focus on the correct current capital structure of this company. Any facts you could provide will be very much appreciated.

Cheers


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EB Reader,

The stock increase and proxy vote were covered in past Blog articles.

Yahoo does not focus only on Integral Technologies, nor are they accountable to keep all of their links up-to-date.

If you uncover anything other than that featured within the articles detailed on the blog, please let me know and I will post accordingly. To date, the company has disclosed what they have and could.

The motivations surrounding the proxy vote--to my sense--are transparent, and are in preparation to firming the foundation of/for future events (the expected market breakout, and mass stock movement of ElectriPlast).

Once again, if you believe my view, or the views posted on the EB are incorrect, then I am open to learning, and correcting my worldview. More importantly, I am open to sharing that corrected view with those using the ElectriPlast Blog as a knowledge resource.

PK sends...