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Re: hammy3777 post# 19804

Friday, 05/22/2015 9:34:47 AM

Friday, May 22, 2015 9:34:47 AM

Post# of 25333
Didn't see an answer to the FIKE/FIFE question..

Here is the answer, all in the 13G, filed on Jan 30 2015...

http://ih.advfn.com/p.php?pid=nmona&article=65301185

End result.. looks like a "allot".

Inventive of Fife, each company only owns 9.9%, so only a 13G has to be filed not a 13D.
(or maybe this is the way the big boys do it)
561,937,039 for each..

which is 9.99% of the 5,624,995,392 shares that were outstanding on that date (as reported in the Issuer’s Form 10-Q filed on January 20, 2015).



Clips from the 13G -- incase the shorthand version is wanted.

Name of Person Filing

This report is filed by Tonaquint, Inc., Utah Resources International, Inc., Inter-Mountain Capital I Corp., JFV Holdings, Inc., and John M. Fife with respect to the shares of Common Stock of the Issuer that are directly beneficially owned by Tonaquint, Inc. and indirectly beneficially owned by the other reporting and filing persons.



FIFE owns all the companies

* Reporting person John M. Fife is the sole shareholder of reporting person JFV Holdings, Inc., which is the sole shareholder of Inter-Mountain Capital I Corp., which is the sole shareholder of reporting person Utah Resources International, Inc., which is the sole shareholder of reporting person Tonaquint. On the date of the event which requires filing of this Statement, reporting person Tonaquint has rights, under a Convertible Promissory Note and Warrant, to own an aggregate number of shares of the Issuer’s common stock which, except for a contractual cap on the amount of outstanding shares that Tonaquint may own, would exceed such a cap. Tonaquint’s current ownership cap is 9.99%. Thus, the number of shares of the Issuer’s common stock beneficially owned by Tonaquint as of the date of this filing was 561,937,039 shares, which is 9.99% of the 5,624,995,392 shares that were outstanding on that date (as reported in the Issuer’s Form 10-Q filed on January 20, 2015).




13G:

To be able to file a 13G instead of a 13D, the party must own between 5% and 20% in the company. It must also be clearly understood that the party acquiring the stake in the company is only a passive investor, and does not intend to exert control. If these criteria are not met, and if the size in the stake exceeds 20%, a 13D must be filed

.



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