Tonym It does indicate that on Yahoo, but I do not believe it is correct. Below is from the 10-k filed March 31, 2014. Joe V. HOLDINGS REPRESENTS currently exercisable options. Total represents less than 1% including the options.
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth information as of March 15, 2014, except as otherwise noted, with respect to the beneficial ownership of our common stock and is based on 890,000,000 shares of common stock issued and outstanding and entitled to vote as of said date as to:
Each director and prospective director of the Company;
The Company’s President and each person who serves as an executive officer of the Company; and all executive officers and directors of the Company as a group.
Except as otherwise indicated, each of the stockholders listed below has sole voting and investment power over the shares beneficially owned.
Title Of Class
Name And Address Of Beneficial Owner (1)
Amount And Nature
Of Beneficial
Ownership (2)
Common
Joseph Vicente
2,179,702
(2)
Common
Stephen Morgan
100,000
Common
Timothy G. McGrath
90,669
Common
All executive officers and directors as a group (3 persons)
2,370,371
———————
Less than 1% of the outstanding common stock.
(1)
Except as noted above, the address for the above identified officers and directors of the Company is c/o Helm Drive, Las Vegas, NV 89119. Beneficial Ownership is determined in accordance with the rules of the Securities and Exchange Commission and generally includes voting or investment power with respect to securities. Shares of common stock subject to options, warrants, or convertible debt currently exercisable or convertible, or exercisable or convertible within 60 days of March 15, 2013 are deemed outstanding for computing the percentage of the person holding such option or warrant. Percentages are based on a total of 890,000,000 shares of common stock outstanding on March 15, 2013 and shares issuable upon the exercise of options, warrants exercisable, and debt convertible on or within 60 days of March 15, 2013 as described above. The inclusion in the aforementioned table of those shares, however, does not constitute an admission that the named shareholder is a direct or indirect beneficial owner of those shares. Unless otherwise indicated, to our knowledge based upon information produced by the persons and entities named in the table, each person or entity named in the table has sole voting power and investment power, or shares voting and/or investment power with his or her spouse, with respect to all shares of capital stock listed as owned by that person or entity.
(2)
Includes 2,067,657 currently exercisable options held by Mr. Vicente. Percentage calculation considers additional outstanding of the potential options listed herein
