Actually it is a bit worse than that. The merger is being represented as closed on the OTC site. As the control officer for the company post hijacking, common sense would dictate Tracy had to put this fraudulent information in the company information box.
Business Description
But ORRV was not, and STILL IS NOT ORRV. And a letter of intent in the OTC translates into likely never. But McCusker may actually think that acquiring this hijacked shell is a better idea than filing a Form 10 or S-1 filing and starting fresh. If McCusker does actually have a legitimate business this would be the route to go. NO stand up securities lawyer would say going private via a hijacked shell is a better way. That is MB lunacy, and misinformation presented to dupe people.
That company business description showed up on Nov 29th, over a month before the LOI was even announced.
The numbers match EXACTLY, one billion common shares were issued post shell hijacking.
Where all those shares went is the mystery. If the posts saying the TA told them the AS is now 1.469 billion is correct then it is either one of two possible scenarios.
The numbers from the TA were pre Dec 19th OR Tracy issued himself those other shares and then converted them into preferred shares to convert back to common and be dumped at a later date on the public.
Even more perplexingly, the o/s appears to have dropped by about 400 million shares recently. As of 19 December, OTCMarkets was reporting it as 1.9 million shares:
It seems that between the time Tracy was appointed custodian on 31 August and 19 December, he issued 1 billion shares. And then 400 million of them disappeared. My earlier conjecture was that his convertible debt had something to do with all this, but without access to the TA records, there's no way of knowing what really happened.