Saturday, July 01, 2017 3:19:55 PM
"They only own approx'ly half of one percent of the O/S"
Check out this information below & show me how / why I'm wrong?
"They" meaning the insiders: Irving D. Boyes & Marshal W Dooley
This was the first filing we recieved:
After the R/S the O/S was only 197,583 commons
Marshal W Dooley owns 34,900 commons and 50,000 series A Preferred
Irving D Boyes owns 34,900 commons and 50,000 series A Preferred
So that made the Public Float = 127,783 commons with there being 100,000 series A Preferred issued
Filing:
http://www.otcmarkets.com/financialReportViewer?symbol=VTPI&id=173202
Now , based on this latest filing "They" returned to treasury their 100,000 series A Preferred shares in exchange for a new total of common shares of 20,500,000. & in exchange for 1,625 series E preferred shares of XCPCNL they were issued 1,625 series A preferred shares of VTPI
New share totals:
Common outstanding shares- 20,627,783
Series A preferred shares- 1,625
Public float- 127,783
"They" meaning the insiders: Irving D. Boyes & Marshal W Dooley
June 19 2017 filing:
Subsequent to April 30, 2017, the Company and Combined USA Corporation (dba XCPCNL Business Corp) (“XCPCNL”) enter into a share exchange agreement whereby 100% of the issued and outstanding shares of common stock of XCPCNL were exchanged for 20,500,000 shares of common stock of the Company.
On May 23, 2017, 100,000 Series A preferred shares were cancelled and returned to the Company’s preferred stock
treasury. Also, on this date, the Company in exchange for 1,625 shares of restricted Series E Preferred Shares of stock
issued by XCPCNL, the Company agreed to issue 1,625 shares of the Company's restricted Series A preferred stock to
1721 Belvedere Trust.
On June 9, 2017, the Company filed an amendment to the Certificate of Incorporation with the Secretary of State of
Delaware. The amendment changes (i) the name of the Company to XCPCNL Business Services Corporation and (ii)
decrease the number of shares of common stock that the Corporation is authorized to issue from One Billion
(1,000,000,000) to Two Hundred Fifty Million (250,000,000).
Page 13
10. SUBSEQUENT EVENTS
https://www.otcmarkets.com/financialReportViewer?symbol=VTPI&id=174592
This makes "They" / insiders owning 99.38% of the outstanding common shares & 100% of 1,625 shares of the restricted Series A preferred stock issued.
With the public owning .62% of the outstanding common shares.
I'm not sure Why they decided to convert their series A preferred into commons ? From a traders point of view it does skyrocket the market cap!
In my correspondence with Mr Boyes, he says its all good & that the news coming out very soon will explain/ justify the move.
When Big news hits the new ticker XPCL with only 127,783 shares to trade , guess what!
(((((((((KAABOOOOOM)))))))))
Got Shares?? I've been collecting shares since .15
GLTY
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