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Re: None

Friday, 03/25/2011 11:13:45 AM

Friday, March 25, 2011 11:13:45 AM

Post# of 222153
CBYI - they brought their NV business entity back up to active status with a new officer (holding all positions) at the helm.

The address of the company hasn't changed. Just the person whose name is now being used as the person in charge - Kevin Denniston

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=XIWNibf5m3BEIvLN4rXWiQ%253d%253d&nt7=0

The question is what happens next?

It wouldn't surprise me if the A/S count got raised so the insiders can convert and start selling some of the preferred shares.

Because of the way BEHL is going Pawson may need some money for his mortgage payments.


Shaun Bailey owns 37,500,000 Series A shares which can convert into 37,500,000,000 common shares

Roger Pawson owns 4,000,000 Series A shares which can convert into 4,000,000,000 common shares


With the company's history I think that is more likely than any kind of actually business operation being started with that company.

They still had $4,377,465 in liabilities as of the last filing in March of 2010 (mostly debt Notes and accrued expenses and interest owed) and almost no cash or revenues.

Guess we'll see what happens.





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