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Re: pitboss22 post# 137695

Friday, 06/05/2015 4:19:15 AM

Friday, June 05, 2015 4:19:15 AM

Post# of 148335
DUSU: The corporation, then named PV Enterprises International, Inc., was in default status prior to filing the annual list and paying the fees for the annual list and business license and late fees on 4/1/15. Because authorized capital included 13 billion common shares and three classes of preferred shares, the authorized capital was high and I believe the fee for the annual list, which is calculated based on the authorized capital, was about $7,250,

The fee for a business license is $200 regardless of authorized capital. The corporation would have also been assessed late fees for both the annual list ($75) and business license ($100). I believe the the total amount required to cure the default status was about $7,625 total. The fees formerly owed have been paid.

However, after the corporation reduced the number of authorized common shares from 13 billion to 50 million, the annual list fee (which is the same as that assessed for an amended list) would have dropped to about $275. When the AS was increased to 400 million two days later, the calculation of the annual/amended list fee was increased to the current $375 factually displayed on the NV SOS website as well as the NV SOS portal website used by organizations incorporated in NV.

It's odd that the company has been unwilling to pay a mere $375 to file an amended annual list to remove Peter Villiotis as the sole office/director and add Joel Bredow and the others who are supposedly now holding officer or director positions. In fact, when the annual list previously filed is no longer accurate, a new list is required to be filed.

It's even stranger that people have been told by one or moe company representatives that the cost is much higher than that reflected on the NV SOS website and that a new list can't even be filed until July. The fee is factual and correctly shown on the NV SOS website. The amended list can be filed at any time but if it is filed more than 90 days prior to its annual due date, a new annual list with fee needs to be paid to meet the annual requirement. The list can even be filed online.

DSUS fee to file an amended annual list of officers and directors:
http://nvsos.gov/sosentitysearch/FeeDetails.aspx?ctok=uyx9DfdRU25WJll%252fgaY8sQ%253d%253d

The portal site: https://www.nvsilverflume.gov/businessSearch