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Re: samsamsamiam post# 23303

Sunday, 03/11/2012 7:16:01 PM

Sunday, March 11, 2012 7:16:01 PM

Post# of 220682
With YKMN

I made a forum for it this morning:

http://investorshub.advfn.com/boards/board.aspx?board_id=24362


YKMN is another shell that was just created in Nevada in May of 2010 that looks like it was created for the mere purpose of taking it public for a future pump&dump.

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=1c8EjvmpUX65XFUW6GsbiA%253d%253d&nt7=0

As of the last 10Q the shell has no cash, no assets, and no revenues.

An agreement was signed to purchase a mineral claim valued at $15,000, but that was only put in the business plan for the S-1 filing to get approved by the SEC. The mineral claim has no real value or potential to produce and the agreement to purchase the claim will probably eventually get canceled (if it hasn't already).

On June 30, 2010, we entered into an agreement with Oro Quest inc. to purchase 100% interest in a half-mile portion of property located in Ruby; located in the Whitehorse Mining Division of the Yukon Territory, Canada.

The Company owns a mineral claim with a historical cost of $15,000 which is currently deemed fully impaired in the absence of sufficiently developed plans to extract the minerals. The Company does not rent any property.


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On November 30, 2011, Mackie Barch took over control of the YKMN shell and Carrillo Huettel, LLP became the new securities attorney for the shell. (quite a pair those two are making now)

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8278843

On November 30, 2011, Mr. Mackie Barch (“Mr. Barch”) acquired control of one million (1,000,000) shares (the “Shares”) of the issued and outstanding common stock of Yukonic Minerals Corp., a Nevada corporation (the Company), representing approximately 74.07% of the Company’s total issued and outstanding common stock, from Ms. Pamela Tesluck (“Ms. Tesluck”) in accordance with a stock purchase agreement by and between Mr. Barch and Ms. Tesluck (the “Stock Purchase Agreement”). Pursuant to the Stock Purchase Agreement, Mr. Barch paid an aggregate purchase price of three hundred eighty three thousand US dollars ($383,000) to Ms. Tesluck in exchange for the Shares (the “Acquisition”).


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Promissory Notes are already being dished out

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8352590


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The Forward Split and Share Increase has already happened:

http://www.sec.gov/Archives/edgar/data/1508933/000107878212000182/currentreport_8k.htm

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

On January 10, 2012, Yukonic Minerals Corp., a Nevada corporation, (the “Company”) filed Amended and Restated Articles of Incorporation and a Certificate of Change (collectively the “Amendment”) with the Nevada Secretary of State. As a result of the Amendment the Company, among other things, has: (i) changed its name to “Georgetown Corporation.” and, (ii) increased the aggregate number of authorized shares to seven hundred fifty million (750,000,000) shares, consisting of seven hundred million (700,000,000) shares of Common Stock, par value $0.001 per share and fifty million (50,000,000) shares of preferred stock, par value $0.001 per share, of which 25,000,000 shall be designated as Series A Preferred Stock. A copy of the Amended and Restated Articles of Incorporation and the Certificate of Change are filed herewith as Exhibits 3.1(a) and (b), respectively.

Item 8.01

Other Events

On January 10, 2012, the Board of Directors of the Company authorized a Forward Split (the “Forward Split”) of its issued and outstanding common shares, whereby every one (1) old share of common stock will be exchanged for four hundred (400) new shares of the Company's common stock. As a result, once the Forward Split is declared effective by the Financial Industry Regulatory Authority, (“FINRA”) the issued and outstanding shares of common stock will increase from one million three hundred fifty thousand (1,350,000) shares prior to the Forward Split to five hundred forty million (540,000,000) shares following the Forward Split. The Forward Split will be payable as a dividend to shareholders on the date that FINRA approves. The Forward Split shares are payable upon surrender of certificates to the Company's transfer agent.




400:1 forward split - that is just crazy!


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next will be the settlement agreements

Then the paid promotion unless the SEC steps in first. The SEC has been informed about the direction that YKMN is headed

too easy to see what is really going on




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