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Re: locksflooring post# 99628

Thursday, 06/02/2016 12:45:00 PM

Thursday, June 02, 2016 12:45:00 PM

Post# of 105534
To qualify for OTCQB, a co must have a sp of .01 for 30 consecutive days, and of course be an SEC reporter.

We ALL know how Scitsler managed to qualify for OTCQB...

On May, 9, 2011, the Company consummated a one (1) for one hundred (100) reverse split of its outstanding common stock, with the result that the outstanding shares of common stock of the Company were reversed from 6,812,886,600 shares pre-split, to 68,128,866 outstanding common shares post split. At the same time, the Company’s Articles of Incorporation were amended to fix authorized capital stock at 255,000,000 shares, par value $.0.0001 of which 5,000,000 shares are preferred shares and 250,000,000 shares are common shares. These actions were approved by 72% of the outstanding shares of the Company at a special shareholders meeting called for this purpose on April 21, 2011.

Even a modicum of real DD reveals the share price on 5/11 was .002....LMAO !

You can't even make this shit up !!!


https://www.sec.gov/Archives/edgar/data/1289496/000135448812001871/cbai_10k.htm

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