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Re: Orko post# 178081

Monday, 02/29/2016 9:50:22 PM

Monday, February 29, 2016 9:50:22 PM

Post# of 187251
CIAU already reverse merged in April 2014

On April 21, 2014, Specialty Contractors, Inc. (the “Company”) entered into a Purchase Agreement (the “Agreement”) with the majority shareholders of Ciao Telecom, Inc., a Nevada corporation (“Ciao”), whereby the Company acquired 97.8% of the issued and outstanding shares of Ciao in exchange for the issuance of 119,999,998 shares of the Company’s common stock, in restricted form.

Ciao owns and operates a telecommunications company located in Dallas, Texas. As a result of the Agreement, the Company sells mobile devices, mobile service plans, virtual PBX systems, calling cards, IPTV and other wholesale and reseller telecommunications products and services. As a result of the Agreement, Eugenio Santos, CEO and chairman of the Board of CIAO, was appointed an officer and director of the Company. Michael Goode, its director and CEO, and Charles Smith, its CFO, subsequently resigned.

So if TDEY and CIAU tie the knot.. who's gonna run the newly combined POS?

Also, according to the last filing in 2015, Eugenio Santos is "Chairman of the Board, Chief Executive Officer, Chief Financial Officer, and Director." Disregard OTC's company profile as all officers and directors resigned. Also it states the O/S is 152 million when only >>$50 million are
authorized.<< Financials are >>not audited.<<

Finally.. anyone who likes having a $1.95 investment evaporate to $.0.05 in 2 years then this might just be the one!


My "opinion" is as valid as your "hearsay"