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Re: SantaZar post# 8760

Friday, 12/26/2014 7:12:08 AM

Friday, December 26, 2014 7:12:08 AM

Post# of 9616
$SANB New Owner/CEO. OTCQB. 43M OS. Full DD:

Sanborn Resources is a fully SEC reporting OTCQB Shell that was just bought by Wilfred Shaw:
The company "sold 40,000,000 shares of Corporation common stock to Wilfred Shaw, an accredited investor, for gross proceeds of $50,000. "

8K Filing on 12-15-2014: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10359343



Wilfred Shaw did a NASDAQ IPO a few years ago:

IPO Filing: http://www.nasdaq.com/markets/ipos/company/financialcontent-inc-69740-6148

Share Structure:

Outstanding: 43M
Float: 3M (Based on 43M OS minus the 40M he bought which are now control shares and can't be sold w/o a huge hassle, and even then only a small % at a time)
Authorized: 1000M (We're expecting him to reduce this)

Financials:
It's rare that you see a company this clean. Hardly any liabilities at all.



Filings:
Latest 10Q: http://www.sec.gov/Archives/edgar/data/1530874/000158972814000079/sanb11191410q.htm
All Filings: http://www.otcmarkets.com/stock/SANB/filings

Fully Current at Delaware SOS:



Chart:


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