On March 31, 2018 HQGE reported 71,472,441 shares outstanding
But looking at the most recent filing that number has gone up to 83,972,441 shares
That's an increase of 12,500,000 shares
On March 31, 2018, HQGE still had $285,000 in fake debt Notes backdated to 2015 (a period of time when the shell was abandoned)
We aren't told what the Notes convert at (only that they convert at a discount), but going by the history of the groups involved in the HQGE shell, those fake backdated debt Notes convert into HQGE stock at $.0001/share.
So it appears that after March 31, 2018 they converted $12,500 in fake backdated debt into 12,500,000 free trading shares of stock.
HQGE was one of six shells illegally hijacked by the Raymond Barton NY skater group
WTKN = (Signature Stock Transfer)
https://www.otcmarkets.com/stock/WTKN/overview
VRED = Shell Risk (Signature Stock Transfer)
https://www.otcmarkets.com/stock/VRED/overview
MILV = Shell (Signature Stock Transfer)
https://www.otcmarkets.com/stock/MILV/overview
HQGE = Shell Risk (Signature Stock Transfer)
https://www.otcmarkets.com/stock/HQGE/overview
OOAG = Shell Risk (Signature Stock Transfer)
https://www.otcmarkets.com/stock/OOAG/overview
KKFC = Shell Risk (Action Stock Transfer)
https://www.otcmarkets.com/stock/KKFC/overview
HQGE was the only shell they managed to sell before their operation was exposed.
The HQGE shell was sold to a group (Henning Morales, Ronald Touchard,, Alan Rothman, Michael Brown, etc) that in the past has been involved in share selling scams run on eWorld Companies Inc (EWRC), Sunrise Consulting Inc (SNRS), Nutripure Beverages Inc (NBVG), and RBID.com Inc (RBID)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138998798
Henning Morales registered the HQGE domain and most likely controls at least one of these Delaware entities that now control large chunks of HQGE stock.
And you'll find Ronald Touchard and Alan Rothman listed as shareholders in the recent HQGE OTC disclosures.
https://backend.otcmarkets.com/otcapi/company/financial-report/194484/content
Michael Brown was once listed as an officer for HQGE on the website and probably can be linked to at least one of those Delaware entities that control a bunch of HQGE stock now.
The SEC went after that group in 2011 but had trouble getting their subpoenas enforced and no charges were ever brought.
https://promotionstocksecrets.com/wp-content/uploads/2018/03/Morales.pdf
https://www.leagle.com/decision/infdco20121227c13
Also members of this group (Michael Brown, Ronald Touchard, Alan Rothman) showed up in litigation against the Gibraltar Global Securities offshore money laundering operation
http://promotionstocksecrets.com/wp-content/uploads/2014/12/Gibraltar2.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=95548088
The point is that the float probably isn't 3,467,650 shares any more.
The float is probably much closer to 15,967,650 shares now with up to 12,500,000 new free trading shares issued at $.0001/share towards those bogus back dated debt Notes.
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