Here's some of the info I'm referring to in recent filings:
I thought it was around 800M Shares, but looks like it was 650M for the acquisition of assets of All American Leasing from Dick and Carole Start:
ITEM XIV BENEFICIAL OWNERS
Dick & Carole Start
1617 South Keys Road
Yakima, WA 98901
650,000,000 Shares of Common Stock
76.99%
Steve Amdahl
1617 South Keys Road
Yakima, WA 98901
15,000,000 Shares of Common Stock
1.78%
ITEM XVI MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
The company’s first phase is focusing on acquiring and developing holdings in
Alternative Fuel Equipment, as well as interests in established Alternative Fuel
operations producing revenue and net profit. The Issuer is positioning itself to be a
model in the spectrum its big board counterparts such as AmeriGas Partners, L.P. (NYSE:
APU)
In our current phase we are prospecting various operations and presently define our
market as a regional one focused on the Alternative Fuels and Technology sector. Over
the next 12 months TechAlt’s strategy is to acquire interests in established Alternative
Fuel operations and equipment financing that is currently producing revenue.
In November of 2011, the company made the first of many upcoming acquisitions, this
company is All American Leasing, Inc. a Nevada corporation, incorporated in December
of 2006, All American Leasing, Inc. is a PCAOB audited financing company which
provides financing to small growing companies and collateralizes its’ loans to specific
assets of the borrowing company.
The acquisition of All American is one of the first in many to occur in the next year
including specifically identified Alternative Fuel companies and additional revenue
generating structures and equipment.
Through these new acquisitions of the company it is not expected that we will be
liquidating or selling any equipment or significant assets. Furthermore, with the
acquisitions of these operations a significant change in employee numbers may occur,
these numbers will be reported in the Quarterly statement as they change (these
numbers will include that of our wholly owned subsidiaries or companies we hold 100%
interest in).
The company does expect in the next two years to raise capital through various forms of
direct equity and debt financing these may include Public and Private offerings under
SEC Registration and Exemptions, at this time no offering is open.
The company does not have any ‘Off-Balance Sheet’ arrangements, nor is there any
known event, demand, commitment, trend or uncertainty that will result in or is
reasonably likely to result in the termination or material reduction in availability to the
company. These arrangements include any arrangement to be excluded from the scope
of FASB Statement of Financial Accounting Standards No. 133, Accounting for Derivative
Instruments and Hedging Activities (June 1998), pursuant to paragraph 11(a) of that
Statement, as may be modified or supplemented.
Furthermore, this includes any obligation, including a contingent obligation, arising out
of a variable interest (as referenced in FASB Interpretation No. 46, Consolidation of
Variable Interest Entities (January 2003), as may be modified or supplemented) in an
unconsolidated entity that is held by, and material to, the issuer, where such entity
provides financing, liquidity, market risk or credit risk support to, or engages in leasing,
hedging or research and development services with, the company.
ITEM XVII ISSUANCES FOR SERVICES RENDERED & OFFERINGS REPRESENTING THE
PREVIOUS TWO FISCAL YEARS
The company has not perused or executed any securities offering neither public nor
private. For more information pertaining to issuance of securities and capital paid in
see the statement of changes in shareholder equity under the financial statements
contained herein.
Dick & Carole Start – 650,000,000 Shares of Common Stock
These shares contain the typical restrictive legend with regards to the Securities Act of 1933
This issuance occurred in correlation with compensation for acquisition of specific assets
Steve Amdahl – 15,000,000 Shares of Common Stock
These shares contain the typical restrictive legend with regards to the Securities Act of 1933
This issuance occurred for Services Rendered through the acquisition process
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