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Re: FullDeck post# 70286

Wednesday, 03/26/2014 3:33:19 PM

Wednesday, March 26, 2014 3:33:19 PM

Post# of 92701
CEO SECRETLY increased Authorized Shares to 30 Billion...

..from 5 Billion.

MIA RIGH CEO "Angel" did this in a totally backroom, underhanded way, without notifying shareholders. Not that he COULDN'T- he was actively "blogging" in that period. Telling shareholders that "news is coming very soon" even while re-filing in WYOMING and increasing the Authorized Shares by 25 BILLION.

$SIGH

From my2mustangs:

After just 335(about)days of RIGH being in DEFAULT in Nevada, Aaron paid to make the papers ACTIVE in Nevada one last time, in order to secretly move the incorporation filing to Wyoming(can't change a state of incorporation when the papers are in default)but more importantly so that he could approve his 4th AS increase without anybody knowing it. Well at least not for almost 6 months during which time 2 "new found attentions" have been done.
Nice trick, huh?

Trickiest AS increase I have ever seen in the stinky pinkies.



This was done at a time (August 30, 2013) when "Angel" WAS using his "wordpress blog" to tell shareholders:



Here's the Nevada filing:


Here's the Wyoming filing:


Check the dates and share numbers for yourself. And "Angel" is majority shareholder, CEO, Chairman of the Board, and the ONLY MEMBER of the Board... with 40 BILLION controlled voting shares.

So he can issue these 25 Billion additional Authorized Shares with no shareholder notification.

Massive potential for DILUTION.

Just plain sleazy.

Tread and trade carefully, if at all, here, newbies.