Penny Traders Club

[Sobek]

I went through all ECOS filings, my last post has what I found with the links.

10 Billion authorized shares after the r/s
3.5 Billion outstanding as of May 2016

From 2014:
Last reported liabilities over $4 million
Last reported deficit almost $45 million

Also the 8-K says nothing about a merger, it reads as a purchase agreement. IMO if Lakeshore wanted to go public on the pink sheets it would be way cheaper to purchase a clean shell and r/m through that.

That being said, who knows what it'll do tomorrow. The STOP sign changed to a YIELD so maybe there's some filings backed up at the OTC waiting to come out? Edgar download is closed until tomorrow morning.

They need to drop a PR and verify their s/s imo.