Vortex Brands Co (VTXB)

[surfkast]

After the Offering and the conversion 2,007,050,000

(Each person owning more than 10% not yet known) O/S
Todd Higley 200,000,000
Phil Kirkland 200,000,000
Cecilia Widner-White 200,000,000
Devon Jones 200,000,000
Other Shareholders as a Group O/S


https://www.sec.gov/Archives/edgar/data/1373467/000164033418001710/vtxb_1a.htm

There are supposedly 207 million out, 800 million with be held by the group of officers and directors and the rest of the O/S up to 2,007,050,000 will be held by OPMZ! Any restrictions can be lifted by the vote of the officers and a filing. Also note 117 million shares will be free trading in four months.

But there are discrepancies!

On February 25, 2018, the Company facilitated the reverse merger between Vortex Brands and Blockchain Energy. The Company will receive 998,000 shares of a new created Series C Preferred Stock. The Preferred Stock is convertible after 24 months from the date of issuance and can be converted into 100 shares of common stock. As part of the acquisition of Blockchain Energy, Vortex Brands will issue 117,000,000 shares of common stock that will be restricted for at least 1 year from issuance and 9,996,000 shares of Series C Preferred Stock that cannot be converted for at least 24 months from issuance. After the acquisition, Vortex Brands will have approximately 207 million shares outstanding. The acquisition documents are currently being executed and the transaction should close by February 28, 2018. Blockchain Energy, Inc. is a company based in Sacramento that is engaged in projects related to the utilities and energy sectors.

https://www.otcmarkets.com/filing/html?id=12578115&guid=fR2MUWUl8ltYWth

Even though there is no resale restriction, you may need to hold your investment for an indefinite period of time. If the securities are not to be listed on an exchange where you can quickly and easily trade the securities, you will have to locate an interested buyer when you do seek to resell your investment.

Any changes can be voted on by the board.