Omni Health Inc (OMHE)

[mattsinvestmentclub]

ANIMOCITY ASIDE I AGREE 100%. just want us all to thrive.

JUST GOT OFF THE PHONE WITH STEVE AT THE S.E.C. education department

so here is what he told me about our rights/abilities as shareholders OF OMNIHEALTH, INC

FORMING A TRUST TO FORCE THEM PUBLIC AGAIN OPTION:

(2) Securities identified as held of record by a corporation, a partnership, a trust whether or not the trustees are named, or other organization shall be included as so held by one person.

(3) Securities identified as held of record by one or more persons as trustees, executors, guardians, custodians or in other fiduciary capacities with respect to a single trust, estate or account shall be included as held of record by one person.

1. if the company has 10 MILLION OR MORE IN ASSETS (THEY DO NOT) and "INSERT ANY AMOUNT OF HOLDERS OF RECORD ACCREDITED OR NOT" THUS MAKING THIS OPTION NOT AN OPTION

the SEC LANGUAGE DOES NOT REGULATE WETHER OR NOT FORWARD VALUE ON ASSETS IS APPLICABLE IN DETERMINING THE COMPANIES CURRENT VALUE. IF A PRODUCT CAN BE PROVEN TO BE WORTH X AMOUNT OR A PATENT OR TRADEMARK I WONDER IF ARGUEING ON FORWARD ASSETS IS PLAUSIBLE.

A 'beneficial owner' is any individual who ultimately, either directly or indirectly, owns or controls the trust and includes the settlor or settlors, the trustee or trustees, the protector or protectors (if any), the beneficiaries or the class of persons in whose main interest the trust is established.

Who is an accredited investor?
An accredited investor, in the context of a natural person, includes anyone who:
earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR
has a net worth over $1 million.

Even if a company doesn’t have to register its securities for an offering, it still may have to file reports with the SEC if the company lists its securities on an exchange or has more than $10 million in assets and a class of equity securities with either 2,000 or more record holders or 500 or more record holders that are not accredited investors.

THE NEXT AREA OF FOCUS IS THE INDIVIDUAL STATES BECAUSE WITH A FORM 15 IN PLAY EACH STATE HAS ITS OWN SET OF RULES REGULATING SHAREHODLER RIGHTS SO NOW I NEED TO FIND OUT WHAT NVSOS,DLSOS AND FLDOS TELL US WHAT OUR RIGHTS ARE. AND WHAT WE CAN/CANT DO HERE.

steve said that with a form 15 filed its now about dealing with individual states rules/laws regarding our rights

FLORIDA DEPARTMENT OF STATES SHAREHOLDER RIGHTS:

Financial Records

Florida shareholders also have the right to inspect the financial records of a corporation. This right is controlled by Section 607.1601 of the Florida Statutes. Under this part of the code, shareholders in Florida have a right to receive corporate financial statements within 120 days of the end of each fiscal year. If financial statements cannot be provided within this time frame, a corporation must be able to show good cause as to why the issue is ‘outside of its control’. Extensive financial information should be provided to shareholders, including income statements and an accounting of current cash flow.

Contingent Inspection Rights

A shareholder’s right to inspect core corporate documents and basic annual financial records is unquestioned. However, a shareholder’s right to get deeper into a corporation’s records is ‘contingent’. More specifically, further inspection rights are contingent upon the shareholder asserting:

1.That they have a good faith reason to inspect records;
2.They will use the records only for the proper purpose;
3.The purpose and intent of their request for inspection is clearly articulated and reasonably grounded; and
4.The inspection request is sufficiently narrow, so that the records requested are directly tied to the shareholder’s stated purpose.

we will need to see each entities articles of incorporation to find out the by laws and more and then from there we can look at the companies records after the by laws to fully understand our rights.


records request official documents:
DELEWARESOS: deleware records request FORMS

NVSOS RECORDS RECUEST:
NVSOS RECORDS REQUEST FORMS

I hope this helps its not fully what I wanted to post "wanted to post our state by state rights as shareholders but with 43 tabs open id hate to lose this post as it took me 40 minutes to post. I will however work on a state by state shareholder rights post.