authorized shares of common stock 15,000,000,000 from 5,000,000,000 (the “Increase Amendment”)

On August 18, 2010, Wellstar International, Inc. (the “Company”) amended its certificate of incorporation to increase its authorized shares of common stock from 5,000,000,000 to 15,000,000,000 (the “Increase Amendment”). The Increase Amendment was approved by the board of directors as well as the shareholders holding a majority of the issued and outstanding shares of common stock pursuant to a written consent dated August 18, 2010.

On August 17, 2010, the Company entered into conversion agreements with John Antonio (“Antonio”) and Kenneth McCoppen (“McCoppen”), both executive officers and directors of the Company, pursuant to which the Company agreed to convert $150,000 in outstanding wages owed to McCoppen and $50,000 in outstanding wages owed to Antonio into a total of 200,000 shares of Series C Preferred Stock.

source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7424930

So I finally convinced about that: WLSI is a SCAM!!!!!!!! No results of Duke Study, only a shares machine stampery for pay CEO salary.

Stay away!

Here I find my answer for myself: http://www.euthymics.com/DOV-FAQs.html


Q: Did the former DOV Board of Directors get any other benefits from the merger, financial or otherwise, than I got?
A: Like all DOV stockholders, former members of the DOV Board of Directors are entitled to receive approximately $.013 per share (or $12.90 (approximately) in cash for each 1,000 shares of stock they owned), plus an additional $.002 (approximately) per share (or $2.68 per 1,000 shares) if certain escrow release conditions are met. Two former officers of DOV also received compensation pursuant to their severance contracts with DOV which provided for additional payments in the event of a successful sale of DOV.

So as a DOV shareholders I can't partecipate in the new company

But I will receive a cash payment from escrow agent.....

I would like to partecipate as a shareholder in the newco but it's a private things.... good company are only privately held......

Bye

" .... The merged company will operate as a privately held corporation with headquarters in Cambridge, Massachusetts. ..... "

What does this mean?

that the new company will no longer be listed ?????

What will happen to the stocks that I own now?