Victory Marine Holdings Corp (VMHG)

[nodummy]

Can somebody point me to where FINRA ever approved a 1:30 reverse split on May 18, 2010? I do see where China Good Electric Inc (CGDL) filed for a reverse split at the Nevada SOS in April of 2010

https://www.nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=tLY8eqHkiTTbg3dfS79h5A%253d%253d&CorpName=VICTORY+MARINE+HOLDINGS+CORP.

but I can't find where the split was ever approved by FINRA.

According to the last public disclosure done by the previous shell owners from early 2013 the share structure was as follows in early 2013:

https://www.otcmarkets.com/stock/VMHG/disclosure

450,065,000 shares outstanding
449,765,000 shares restricted
300,000 shares free trading




But after Rhona Keaveney hijacked the abandoned shell in August/September of 2017 and sold the shell to Orlando Hernandez, Hernandez reported the share structure as follows:

https://www.otcmarkets.com/stock/VMHG/disclosure

15,002,516 shares outstanding
14,533,931 shares restricted
468,585 shares free trading




According to the 2018 OTC disclosures, the drastic change in the share structure from early 2013 to early 2017 was caused because of a 1:30 reverse split from May 18, 2010.



But there is no 1:30 reverse split from 2010 listed on the OTC markets website.

https://www.otcmarkets.com/stock/VMHG/security

I don't entirely trust the OTC markets site. It could be they left off the corporate action, but the fact that the old owners of the shell did OTC filings during 2011, 2012, and early 2013 that never reflected any 1:30 reverse split pretty much confirms to me that no split was ever approved by FINRA.

If FINRA never approved that reverse split how can it be put into effect now, more than 7 years later, by the new owners of the shell? It makes no sense to me and I can't imagine the transfer agent, Columbia Stock Transfer Company, can be that stupid or that irresponsible. So maybe I'm missing where the split was approved.


I've been going back through the history of the shell some and I see where Viking Investments Group LLC (Tom Simeo) was issued 40,250,000 shares back in 2007. Those shares started becoming free trading after 2013 which is why the float actually went up some despite the mysterious 1:30 reverse split from 2010 being applied to the share structure by the new owners.

Assuming the split is legit (and not being done without FINRA approval) and was just never property reported by anybody anywhere, Tom Simeo would have 1,341,000 shares so the float could end up closer to 1,347,000 than the 468,585 shares last reported by the new owners.

If the reverse split can't be applied because FINRA never approved it then obviously we are looking at a float that could end up as big as 40,550,000 shares.

This reverse split is a major issue and would have a massive impact on the float so that's why I'm asking for help trying to sort out if the 1:30 reverse split from 2010 ever really happened or not. I've also contacted FINRA to ask their help.