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Re: Welcome2Pinkyland post# 36791

Wednesday, 10/22/2014 7:44:21 PM

Wednesday, October 22, 2014 7:44:21 PM

Post# of 57329
Not really as most of these idiots dont read filings or their own disclosures as this is apparent. But see here is an actual Filing provided that shows the issuance in discussion:

Note 6 Stockholders’ Equity (Deficit)

(A) Common Stock Issuances
In May 2006, the Company issued 15,000,000 shares of common stock to its founders for $5,000 ($0.0003/share).
In August 2006, the Company issued 720,000 shares of common stock for $2,400 ($0.003/share).
In September 2006, the Company issued 3,000,000 shares of common stock for $10,000 ($0.003/share).
In November 2006, the Company issued 300,000 shares of common stock for $10,000 ($0.03/share).
On October 14, 2009, the Company issued 825,000 shares of common stock to a consultant, in exchange for services rendered, having a fair
value of $46,750 ($.056/share), based upon the quoted closing trading price.



See this "individual" was given 825,000 shares in October 2009, in November of 2009 a Forward Split was performed at a 3 for 1 ratio thus increasing that issuance to 2,475,000 that is more than 10% of the OS in 2011 which was 22 million shares. Now it really gets crazy if that holding was still there in for the 2 for 1 split in December 2011, that is 4,950,000 shares.