Houmu Holdings Ltd (HOMU)

[Joefyffe]

Wouldn't that have come from the 100,000,000 preferred shares giving him 93% voter rights?

Quote from 8-K...

"100,000,000 shares of Series A Preferred Stock, $0.001 par value per share (the “Shares”) of XXStream Entertainment, Inc., a Nevada corporation (the “Company”), were transferred from Custodian Ventures, LLC to Wei Tian (the “Purchaser”). As a result, the Purchaser became an approximately 93% holder of the voting rights of the issued and outstanding share capital of the Company on a fully-diluted basis of the Company, and became the controlling shareholder."

It doesn't specify it as COMMON shares.

Also when you take into consideration there have been 3 days that traded over 1B, one of which traded almost 2B, I would have to say the trading O/S is much larger than 750M.

Also from the 8-K...

"Section 2.6 Authorized Shares. The authorized capital of the Company consists, immediately prior to the Closing, of: (i) 8,900,000,000 shares of common stock, $0.001 par value per share, 8,272,627,462 shares of which are issued and outstanding immediately prior to the Closing; and (ii) 100,000,000 shares of preferred stock, par value $0.0001, 100,000,000 of which are designated Series A Convertible Preferred Stock and 100,000,000 of which are issued and outstanding immediately prior to the Closing. All of the outstanding shares of Common Stock and Preferred Stock have been duly authorized, are fully paid and nonassessable and were issued in compliance with all applicable federal and state securities laws."

Maybe I'm misreading or misunderstanding the 8-K or misunderstanding the value of preferred verses common shares. I'm probably just too tired to comprehend it right now.

I guess we will see.