Grupo Resilient International Inc (GRUI)

[speedbump]

Correct me if I am wrong but the below statement seems to indicate that there were 80,000,000 total outstanding shares of evans issued and outstanding on 9/11. Subsequently 30 million more were "given" to Hisc insiders. So I understand that the 40 million owned by hisc will be used to pay out the dividend, but as to the other 40 million we do not know what percentage Hisc owns --- I assume less than 5% otherwise there would have to be sec filings . So that is a total of 110 million shares, and if I recall 300 million is evans authorized. So in order for hisc to maintain majority ownership of evans it would have to inject some capital and issue itself some more shares of evans. And one would assume any acquisition would involve the issuance of shares as part of the deal.

Please note that speedbump is one and the same as mordicai. Alias depends on whether or not I am on firefox at the time.


On September 11, 2006 (the "Effective Date"), pursuant to the terms of the Agreement, Homeland Integrated Security Systems, Inc. purchased a total of 40,000,000 shares the Company's common stock for an aggregate of $500,000 in cash. The total of 40,000,000 shares represents 50.1% of all of the shares of common stock now outstanding. Homeland Integrated Security Systems, Inc. used cash to purchase the shares of the Company. As part of the acquisition, and pursuant to the Stock Purchase Agreement, th