Try reading the information provided to the OTC/SEC on the Annual Report filed August 2011 for the End of Year May 31st...
During the year ended May 31, 2009 the Company issued 20,418,649 shares of Preferred Stock and 142,938,543 shares of common stock for the acquisition referred to in note 7.
On April 20, 2009 the Company effectuated a reverse stock split of 5 to 1.
The Preferred Stock which has a 250,000,000 million share authorization, has super voting rights of 500 votes per share and is convertible on a 1 to 1 basis of common shares.
During the year ended May 31, 2010 the Company issued 24,192,500 shares of stock, 17,000,000 for a reduction in debt of $17,000 and 7,192,500 shares for cash of $295,400.
In addition, in 2010 1,429,000 shares of preferred stock were issued for services.
In August of 2010 the Company increased its authorized common shares to 5,000,000,000 and its preferred shares to 250,000,000.
During the six months ended November 30, 2010 the Company issued a dividend for shareholders as of record on August 26, 2010 for 8,478,636 shares which has been valued at par and charged to additional paid in capital.
On December 6, 2010 the Company issued 2,200,000,000 shares of stock of which 2,000,000,000 was issued for services to its officer valued at the market price of the stock on date of issuance of ,003 per share.
Also on December 6, 2010 the Company issued 200,000,000 shares of stock for a debt reduction of $30,000.
On March 16, 2011 the Company issued a net of 102,000,000 shares for a debt reduction of $28,500
I'd say It's About 100% accurate
Mr. McHenry still has the ~2.2Billion Shares and hasn't sold a one....But Joseph Passalaqua has
Regards
Sunny:>)))
