Monday, April 14, 2014 8:59:29 AM
On Friday, March 28, 2014 3:29 PM, Randolph Hudson <randolphshudson@gmail.com> wrote:
"Firstly, in the case of Central, shareholders seem to have a misapprehension as to Central's authorized stock. Central NEVER HAD 20 Billion shares authorized; just two billion, which are pretty much issued. Pacific Stock Transfer is not only misinformed, they were never Central's stock transfer agent. Apparently, they succeeded Florida Atlantic Stock Transfer, which is no longer in business. I know because I have the stock transfer agency agreement between Central and Florida Atlantic in my possession.
Next, as a part of Central's restructuring, we are increasing its authorized capital to five billion shares from two billion shares. Central's restructuring is expected to be completed next week and will require action on the part of FINRA, as, among other matters, Central is requesting a new symbol.
I hope this information is useful. Thank you for your continued interest in Encounter Development Technologies Inc.
Best regards,
Randy Hudson
ec: Michael P. Grande
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"Dividends and Other Distributions. A dividend of 10% (ten percent) shall be payable annually
to the holders of the Preferred Stock," AND WHO MIGHT THAT BE? HUDSON/GRANDA????
"Conversions at Option of holder. Each share of Preferred Stock shall be convertible
into 501 shares of common stock at the option of the holder(s) of the shares of the Preferred
Stock upon 30 (thirty) days' notice to the corporation in writing"
SO ADD THE 5 BILLION TO THIS 3 BILLION (PREFERRED) & YOU HAVE 8 BILLION SHARES. The above came directly from the CWIR 'FILING'. Now why would Hudson issue 6 billion more shares? Those are the 'real' facts! TWEETS MEAN VERY LITTLE.
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