My common sense is tingling.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Waiting on imminent Nevada Secretary of State reinstatement.
Watch for it here: https://esos.nv.gov/EntitySearch/BusinessFilingHistoryOnline
Typically, reinstatements send a stock rocketing from 100% to 500% gains.
Only two employees? Um, hard pass.
LOL! It's literally right in the 8K:
https://www.otcmarkets.com/filing/html?id=13835848&guid=IK2jUqOqQlnAw3h
Item 3.02
Unregistered Sales of Equity Securities
On December 31, 2019, the company sold one (1) Special 2019 series A preferred share (one preferred share is convertible 100,000,000 share of common stocks) of the company for an agreed upon purchase price to Goldstein Franklin, Inc., a California corporation. The Special preferred share controls 60% of the company’s total voting rights. The issuance of the preferred share to Goldstein Franklin, Inc. gave to Goldstein Franklin, the controlling vote to control and dominate the affairs of the company going forward.
The issuance of shares to Goldstein Franklin, Inc. was completed in reliance on Rule 506 of Regulation D of the Securities Act of 1933, recognizing that these parties were all accredited investors, as defined under Rule 501 of Regulation D of the Securities Act of 1933. All securities issued were issued as restricted securities and were endorsed with a restrictive legend confirming that the securities could not be resold without registration under the Securities Act of 1933 or an applicable exemption from the registration requirements of the Securities Act of 1933. No general solicitation or general advertising was conducted in connection with the sales of the shares.
The subscription agreement executed between us and Goldstein Franklin, Inc. included statements that the securities had not been registered pursuant to the Securities Act of 1933 and that the securities may not be offered or sold in the United States unless the securities are registered under the Securities Act of 1933 or pursuant to an exemption from the Securities Act of 1933. Goldstein Franklin, Inc. agreed by execution of the subscription agreement for the shares: (i) to resell the securities purchased only in accordance with the provisions of Regulation S, pursuant to registration under the Securities Act of 1933 or pursuant to an exemption from registration under the Securities Act of 1933; (ii) that we are required to refuse to register any sale of the securities purchased unless the transfer is in accordance with the provisions of Regulation S, pursuant to registration under the Securities Act of 1933 or pursuant to an exemption from registration under the Securities Act of 1933; and (iii) not to engage in hedging transactions with regards to the securities purchased unless in compliance with the Securities Act of 1933. All securities issued were endorsed with a restrictive legend confirming that the securities had been issued pursuant to Regulation S of the Securities Act of 1933 and could not be resold without registration under the Securities Act of 1933 or an applicable exemption from the registration requirements of the Securities Act of 1933.
Item 5.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 31, 2019, the company sold one (1) Special 2019 series A preferred share (one preferred share is convertible 100,000,000 share of common stocks) of the company for an agreed upon purchase price to Goldstein Franklin, Inc., a California limited liability company.
As a result of the Securities Sales Agreement, all the former officers of company resigned their appointments. The Company has appointed Mr. Frank I Igwealor as the Company's Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors effective December 31, 2019.
Mr. Igwealor have also been elected as new director of the Company. The changes to the board of directors of the Company will not be effective until at least ten days after an Information Statement is mailed or delivered to all of the Company's shareholders in compliance with Section 14(f) of the Securities Exchange Act of 1934, as amended, and Rule 14f-1 thereunder.
The parties were arms-length at the time of entering into the transaction. There was no relationship between the Company and Goldstein Franklin, Inc. or any affiliate, director, officer, or associate of the Company.
Goldstein Franklin, Inc. https://www.manta.com/c/mx4w6ys/goldstein-franklin-inc
Tax season is coming up so maybe an accounting firm might be attractive?
That's only true for the small fraction of traders who are Canadians. For everyone else "the last day for tax-loss selling in 2019 is December 31"
https://investingnews.com/daily/resource-investing/mark-these-tax-loss-selling-dates-on-your-calendar/
Just the fact that the Registered Agent resigned way back in February of 2017, and was never replaced, is all the proof anybody would need to know that the shell was deserted and forgotten. https://esos.nv.gov/EntitySearch/BusinessFilingHistoryOnline
Well, that and there wasn't a single peep from Wade (or anyone) in opposition to Investment Reserves taking custodianship of EMBR. It was a quick open and shut case. Again, NO OPPOSITION. See for yourself: Case# A-19-803841-P https://www.clarkcountycourts.us/Portal/Home/WorkspaceMode?p=0
Not only was EMBR utterly abandoned but the old owner didn't even try to keep it in an attempt to negotiate a deal. This isn't a "scam" or a "scheme" it's a custodian play, plain and simple. Any blather to the contrary is complete and total bullshit.
.0003's almost gone for good. Next up .0004's!
Rhonda Keaveney newly appointed custodian of EVRM (.0007)
Custodianship granted:
https://www.clarkcountycourts.us/Anonymous/CaseDetail.aspx?CaseID=12007642
Events & Orders of the Court
12/24/2019 Minute Order (9:45 AM) (Judicial Officer Denton, Mark R.)
Re: Small Cap Compliance, LLC's Application to be Appointed Custodian of The Evermedia Group, Inc.
Case Number A-19-806464-B
Case information: https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=99BI3T9H9st57oxansu2JQ2&tabIndex=3
Rhonda Keaveney just appointed custodian of EVRM (.0007)
Custodianship granted:
https://www.clarkcountycourts.us/Anonymous/CaseDetail.aspx?CaseID=12007642
Events & Orders of the Court
12/24/2019 Minute Order (9:45 AM) (Judicial Officer Denton, Mark R.)
Re: Small Cap Compliance, LLC's Application to be Appointed Custodian of The Evermedia Group, Inc.
Case Number A-19-806464-B
Case information: https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=99BI3T9H9st57oxansu2JQ2&tabIndex=3