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Whitemark Homes, Inc.(fka WTMK)

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Last Post: 5/21/2015 9:55:02 AM - Followers: 53 - Board type: Free - Posts Today: 0

FORM 10-K

For the fiscal year ended December 31,  2011

Whitemark Homes, Inc.

ITEM 1.   DESCRIPTION OF BUSINESS

The current business plan of the Company is to locate and complete a reorganization or acquisition agreement with a business entity.  The transaction will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange.  In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended.


ITEM 5.   MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
 
The only class of equity securities authorized by the Company's Articles of Incorporation, as amended, is 100,000,000 shares common stock, $0.001 par value per share. As of the date of this report, there are 97,962,131 shares of common stock outstanding.  WTMK has ten outstanding notes payable in the aggregate principal amount of $271,386 as of December 31, 2011.  One $80,000 note bears no interest and is convertible at $0.001 per share.  $127,492 of the outstanding notes is convertible into common stock at the average of the three lowest trading prices for the common stock over the 20 trading days prior to a notice of conversion.  The Company cannot at present honor any conversion rights as of the date of this filing as it does not have sufficient authorized and unissued common stock to complete any conversions.  It is our intent to hold a shareholder meeting as soon as possible to request authorization for a reverse split of the outstanding common stock and an increase in the number of authorized common stock to 500,000,000 shares.

Last 10Q filing dated Sept. 30, 2012
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8906839

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).     Yes      No  o
 
State the number of shares outstanding of each of the registrant’s classes of common equity, as of the latest practicable date: 97,962,131 shares of common stock as of October 26, 2012.

Notice in the latest 10Q filing that ITEM 5.Part II  from the 2011 10K above has been removed

Item 5.      Other Information
 
     None


Item 2.   Management's Discussion and Analysis of Financial Condition and Results of Operation

The Company has been inactive for the past several years.  The Company has no means to generate any revenue. The Company is pursuing business opportunities, including merger opportunities with other businesses which may result in a reverse-take-over of the Company.  However, there is no guarantee that the Company will be successful in these endeavors.

Under NOTE 1,...
These common stock equivalents may be dilutive in the future The Company’s authorized number of shares of common stock is limited to 100,000,000 common shares and 97,962,131 common shares were outstanding at September 30, 2012; only 2,037,869 additional shares are authorized for issuance as of September 30, 2012.
 


Reinstatement form link dated 5/08/2014
http://www.sos.state.co.us/biz/ViewImage.do?fileId=20141294754&masterFileId=19871290199 

Colorado Secretary of State now shows it in good standing
http://www.sos.state.co.us/biz/BusinessEntityDetail.do?quitButtonDestination=BusinessEntityCriteriaExt&fileId=19871290199&masterFileId=

Website no longer active 
http://www.whitemarkhomes.com/ 

Principal address on reinstatement 
677 North Washington Blvd Sarasota, FL 
executive suites located there 
http://www.sarasotaexecutivesuites.com/ 
Many businesses at this address, including another OTCbb company 

Legal counsel listed at OTCMarkets
http://www.otcmarkets.com/stock/WTMK/profile

Legal Counsel
K&L Gates LLP
200 South Biscayne Blvd,
Suite 3900
Miami, FL, 33131
United States

Lawfirm on reinstatement form 
http://en.wikipedia.org/wiki/K&L_Gates 
K&L Gates LLP is a US-based international law firm with offices in Asia, Australia, Europe, the Middle East, South America, and the United States.[3] It is the 8th largest law firm in the United States [4] and the 11th largest among law firms worldwide.[5] The company has been described as "a lobbying firm that represents the hi-tech and energy sectors" and in the past has hired former legislators favorably inclined towards their clients.[6]


name/attny on the reinstatement form 

http://www.klgates.com/clayton-e-parker/#representativework 

Dealmaker of the year in 2011 http://www.avvo.com/attorneys/33131-fl-clayton-parker-1262218.html 

from 2013
http://www.dailybusinessreview.com/id=1202612044280/K 

Quote:

Daily Business Review 
July 24, 2013 K&L Gates trio needs only a month to close Brightstar transactions totaling $1.42 billion 

Clayton Parker, David Baghdassarian and Christopher Tillson increased Brightstar's asset-based credit facility from $600 million to $1.32 billion and negotiated a $100 million letter of credit from banks led by Deutsche Bank. 



OTC market info 
http://www.otcmarkets.com/stock/WTMK/profile 

most recent share structure listed at otcmarkets 
WTMK Security Details 
Share Structure 
Market Value1 $146,943 a/o May 08, 2014 
Shares Outstanding 97,962,131 a/o Oct 26, 2012 
Float Not Available 
Authorized Shares 100,000,000 a/o Nov 20, 2009 
Par Value 0.001 

 

PostSubject
#1540   WTMK revoked: Renee 05/21/15 09:55:02 AM
#1539   Different level of the carnival activities littlejohn 03/24/15 03:03:53 PM
#1538   long term capital gains with future reverse merger amadeus 03/24/15 03:40:14 AM
#1537   WTMK having an active STATE corp. biz registration littlejohn 03/24/15 02:08:35 AM
#1536   Thanks, I'm thinking about holding a few littlejohn 03/06/15 02:17:50 AM
#1535   no, I expected them to do whatever was necessary amadeus 03/06/15 01:47:05 AM
#1534   Quite a change...SEC doesn't verify biz liscense littlejohn 03/06/15 12:33:33 AM
#1533   Pff, lucky me, just sold yesterday. adijas 03/05/15 03:11:49 PM
#1532   Hmmm Fugu 03/05/15 09:40:53 AM
#1531   WTMK SEC Suspension for Financials / Filings delinquencies: Renee 03/05/15 09:39:38 AM
#1530   WTMK is severely delinquent in filing their Financials Renee 02/22/15 03:52:28 PM
#1529   I took mental polaroid of a rare uptick...LJ littlejohn 02/11/15 01:34:49 AM
#1528   Volume creeping in... Floppyplants 02/11/15 12:01:48 AM
#1527   Interesting, thanks as eventually this will have that Fugu 02/05/15 07:08:34 AM
#1526   you might find this interesting, the other amadeus 01/09/15 07:19:47 PM
#1525   sure, there are plenty of real companies wanting amadeus 12/23/14 03:16:21 PM
#1524   Aren't there some real companies they could littlejohn 12/23/14 03:14:50 PM
#1523   maybe WTMK should get into building tiny homes amadeus 12/23/14 02:18:59 PM
#1522   Can't pm you but yeah my thoughts are Fugu 11/25/14 01:58:22 PM
#1521   Perhaps, Ive been accumulating so not bothered and Fugu 11/24/14 10:20:08 AM
#1520   appears someone not wanting it looking green. amadeus 11/21/14 01:47:39 PM
#1519   lol you don't sell to me for weeks Fugu 11/21/14 01:11:57 PM
#1518   Got bored so added some .0049s today... will Fugu 11/21/14 11:04:10 AM
#1517   yes, some current filings would be a welcome amadeus 11/21/14 10:53:24 AM
#1516   I know as much/little as you. I just adijas 11/21/14 10:47:30 AM
#1515   any updates here? registered agent change, I see amadeus 11/21/14 10:41:41 AM
#1514   Some buying going on lately. Maybe we will adijas 11/13/14 12:27:16 PM
#1513   Seems like fine tuning the cruise control littlejohn 09/11/14 02:09:32 AM
#1512   100 bucks takes it 100% lol Looks like that Fugu 08/19/14 12:30:44 PM
#1511   I'll take them at .001 or lower when Fugu 08/07/14 12:10:43 PM
#1510   Who puts that amount on a pretty much Fugu 08/07/14 12:08:32 PM
#1509   Million on ask, haven't seen that before recently. Fugu 08/07/14 09:39:40 AM
#1508   Well I'm right here with you, this trades Fugu 08/04/14 01:45:58 PM
#1507   first got this one a long time ago amadeus 08/04/14 12:28:59 PM
#1506   Thanks Amadeus for all the dd... I was Fugu 08/04/14 11:05:06 AM
#1505   this is interesting... amadeus 07/23/14 09:14:11 AM
#1504   Added more, I got a feeling lol Fugu 07/11/14 03:56:58 PM
#1503   I must insist this is on my list... littlejohn 07/11/14 02:12:59 AM
#1502   its been a shell for years, they haven't amadeus 07/10/14 02:29:36 AM
#1501   Well they don't make enough to answer a littlejohn 07/10/14 02:17:48 AM
#1500   this came 60 days after the reinstatement date, amadeus 07/09/14 12:42:54 AM
#1499   there is a defined timeframe to designate the amadeus 07/08/14 10:13:59 PM
#1498   interesting, here is a link to the change form amadeus 07/08/14 09:43:35 PM
#1497   Registered Agent just resigned: Wisebuys 07/08/14 09:31:32 PM
#1496   Good to see some volume today UndergroundTrader 07/01/14 02:38:45 PM
#1495   shells like this have a lot of value amadeus 06/27/14 01:20:04 AM
#1494   Not many shares out there and when boredom Fugu 06/26/14 03:31:48 PM
#1493   right. because of deals like this> amadeus 06/25/14 01:35:05 AM
#1492   WTMK reinstated in May,2014 in Colorado... littlejohn 06/25/14 01:07:44 AM
#1491   K&L has been listed on their OTC Markets mattydog 06/24/14 04:40:26 PM
PostSubject