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Re: tom favata post# 9528

Tuesday, 10/11/2011 7:47:38 PM

Tuesday, October 11, 2011 7:47:38 PM

Post# of 23971
So NHSH canceled the 450,000,000 shares originally issued to Centacom then issued 232,000,000 new shares to Minesweeper instead?

http://www.sec.gov/Archives/edgar/data/1074507/000138038911000087/f8k_mineseeker10112011.htm


What happened to the previous agreement between Minesweeper and Centacom for Minesweeper to purchase 442,500,000 shares from Centacom?

In an agreement with Centacom Holding Corporation and James Owens, majority shareholder of Centacom Holding Corporation, signed on 30th August 2011, Mineseeker acquired the 442,500,000 (four hundred and forty two million five hundred thousand) of the 450,000,000 (four hundred and fifty million) control shares which were being held by Centacom Holding Corporation.

Mineseeker even used to have a nice big picture of a certificate for 442,500,000 shares on their website:




How does a signed agreement just get canceled without both sides agreeing to cancel the agreement? I thought Mineseeker was paying Centacom like $50,000 for those 442,500,000 shares.


Is Centacom going to take any kind of legal action?



This is how Mineseeker split up those 232,000,000 shares:




Doing the math based on the percentages in that table there is approximately 315,000,000 outstanding shares of NHSH stock after Mineseeker receives their 232,000,000 shares.

That means there are about 83,000,000 shares outstanding not counting Mineseekers shares.

That's about 33,000,000 more shares than there were outstanding on June 28, 2011 (not counting Centacom's shares)

Anybody know who got those 33,000,000 shares?



It has been quite the balancing act for NHSH trying to keep the debt Note holders like Bill Harvey from being a 10% owner while dealing with all these Centacom/Mineseeker issues.



NHSH is never short on drama.




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