GSAE ~ Green Star Alternative Energy, Inc.
On January 19, 2011, De Castro Investments Inc. (" De Castro "), and Verdad Telecom, Inc., a Nevada corporation (the " Purchaser ") entered into a Stock Purchase Agreement (the " Purchase Agreement "), pursuant to which De Castro (collectively, the " Seller ") will sell to the Purchaser, and the Purchaser will purchase from the Seller, an aggregate of 34,900,000 shares of Common Stock (the " Shares "), which Shares represent 55.1% of the issued and outstanding shares of Common Stock and Seller's debt and liabilities. The Closing occurred on January 30, 2011. The Purchaser paid the aggregate purchase price for the Shares with personal funds. There are no arrangements or understandings among members of both the former and new control groups and their associates with respect to election of directors or other matters.
At the Closing, Jesse De Castro resigned as the Company's sole director, Chief Executive Officer, President, Chief Financial Officer, Secretary and Treasurer, andEric Stoppenhagen, age 37, was elected as the Company's sole director, President, Chief Financial Officer and Secretary,to serve in such capacities until his successors are duly elected and qualified.
Company Website Links For Research of Previous Reverses and other Information.
Links to Eric P. Stoppenhagen and His Venor Consulting Company
Eric P. Stoppenhagen
Chairman, President, Chief Financial Officer, Principal Accounting Officer, Treasurer and Secretary, Green Star Alternative Energy, Inc.
Age 37 --
Mr. Eric P. Stoppenhagen has been Chief Financial Officer, President, Treasurer and Secretary of Digipath, Inc. since October 2010 and serves as its Chief Executive Officer. Mr. Stoppenhagen has been Chief Executive Officer, President, Chief Financial Officer, Treasurer & Secretary of Green Star Alternative Energy, Inc. since January 30, 2011 and serves as its Principal Accounting Officer. He has been Chief Financial Officer, President and Secretary at Mammatech Corp. since July 2010 and also serves as its Treasurer and Secretary. Mr. Stoppenhagen has been Chief Financial Officer and Treasurer of AuraSource, Inc. since July 2008 and serves as its Principal Accounting Officer. He served as the Chief Executive Officer of Mammatech Corp. Mr. Stoppenhagen served as the Chief Financial Officer, Secretary and Treasurer of Mimvi, Inc. from June 2010 to March 15, 2011. He served as the President, Treasurer, Secretary, Chief Executive Officer and Chief Financial Office of Catalyst Lighting Group, Inc. since February 2010. Mr. Stoppenhagen, through his consulting company Venor, Inc., provided financial and management services to small to medium-sized companies that either are public or desire to become public. He provided temporary Chief Financial Officer services to these companies, which includes transaction advice, preparation of security filings and advice regarding compliance with corporate governance requirements. He has more than 10 years of financial experience, having served in an executive capacity for several public and private companies. He has been involved in the Digital Pathology space since 2003 providing Sales, Business Development, Operations, and Financials support to Trestle Holdings, Inc. and BioImagene, Inc. Mr. Stoppenhagen served as Treasurer at AuraSource Inc. since July 2008. He served as Principal Executive Officer, Chief Financial Officer, Principal Accounting Officer and Secretary of WoozyFly Inc. Mr. Stoppenhagen served as Interim President of WoozyFly Inc. from 2009 to 2010. He served as Interim President of Trist Holdings, Inc. from 2007 to 2010. He served as an Interim President and Secretary of Atheronova, Inc. from September 2007 to May 13, 2010. He served as the President and Principal Accounting Officer of AuraSource Inc.,; President of Landbank Group Inc. from 2007 to 2008; Chief Financial Officer of GHG Trading Platforms Inc. from 2007 to 2008 and Managing Director of Lehman Capital Partners and Chief Financial Officer of Jardinier Corporation from 2007 to 2008. Mr. Stoppenhagen served as the President and Secretary of Trist Holdings Inc. from September 24, 2007 to 2010 and as its Chief Financial Officer since November 15, 2007. He served as Principal Executive Officer and Principal Accounting Officer of Trist Holdings Inc. He served as Interim President of Trestle Holdings, Inc. from 2003 to 2009. He served as Secretary of Trestle Holdings Inc. from September 25, 2006 to 2008 and also served as its Principal Executive Officer and Principal Financial and Accounting Officer. He served as the Interim President of Moqizone Holding, Corp. until June 5, 2009. He served as a Consultant at Trestle Holdings Inc. since September 25, 2006. He served as a Director of Finance at Stromberg Consulting Inc., a change management consulting firm from 2001 to 2002. Mr. Stoppenhagen served as an Interim Chief Financial Officer of Landbank Group Inc. since November 15, 2007 and Interim President and Secretary since September 29, 2007. Mr. Stoppenhagen served as the Interim Chief Financial Officer and Secretary at GetFugu, Inc. (formerly, Madero, Inc.) from April 4, 2009 to May 4, 2009 and also served as its Chief Financial Officer. From June 2003 to September 2006, he served as Vice President of Finance at Trestle Acquisition Corp. He has been a Director at Mammatech Corp. since July 2010, Digipath, Inc. since October 2010. He serves as Chairman of Green Star Alternative Energy, Inc. He has been Director of Green Star Alternative Energy, Inc. since January 30, 2011. He has been a Director of AuraSource, Inc. since July 2008. He served as a Director of Catalyst Lighting Group, Inc. since February 2010. Mr. Stoppenhagen served as a Director of WoozyFly, Inc. He is a Certified Public Accountant. He holds a Juris Doctorate and Masters of Business Administration both from George Washington University. Mr. Stoppenhagen holds a Bachelor of Science in Finance and Accounting both from Indiana University.
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|Market Value1 ||$411,694 ||a/o Oct 10, 2011 |
|Shares Outstanding ||63,337,543 ||a/o Feb 28, 2011 |
|Float ||28,437,543 ||a/o Dec 31, 2010 |
|Authorized Shares ||200,000,000 ||a/o Dec 31, 2010 |
|Par Value ||0.001 |
|Shareholders of Record ||8 ||a/o Mar 17, 2011 |
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