Big Tree Group Inc (BIGG)

[Tazzk]

SEC 13D/13G INFO for BIGG

For whom it may concern;

BIGG's Board has authorized 100,000,000 shares of Common Stock. Subsequently, the filing of SEC form 13D or short form 13G would only be required in the event that an investors position was 5M shares of common stock or more.

Incidentally, BIGG's Board has also authorized 20,000,000 shares of Preferred Stock which could be converted to Common Stock at a conversion rate determined by the Board.

If an investor is a passive investor with no intent to control or change the company and has a position of 5% or more, but less than 20% of any class of stock then they are only obligated to file, with the SEC, the short form 13G. 20% position or more would require the long form 13D.

From BIGG 10Q dated June 30, 2014:

Common Stock
The Company is authorized to issue 100,000,000 shares of Common Stock; $0.00001 par value. As of June 30, 2014 and December 31, 2013, there were 14,273,557 and 10,350,192 shares of common stock issued and outstanding, respectively.


Preferred Stock
The Company is authorized to issue 20,000,000 shares of Preferred Stock, no par value, with such designations, rights and preferences as may be determined from time to time by the Board of Directors.


Full BIGG 10Q report dated June 30, 2014 available here:
http://www.sec.gov/Archives/edgar/data/1097896/000144878814000074/bigg10-q.htm