Houmu Holdings Ltd (HOMU)

[N00B90]

$XMET

All statements below are purely speculation.

Let's take things back to the 10-Q for one moment. When discussing the invalid over-issued shares in the first place they assumed these CS had a Par Value of .001 same as shares legally authorized via CoA land based the liability off that. Remember these approximate 8.2B shares were not legally issued in the first place and therefore technically never had an actual par value legally.

Lazar filed a CoA to cover the liability only and never swapped them out or otherwise. We know this by calculating the voting rights in the 8-K from December. Roughly 800M CS were calculated in but not the approximate 8.2B over-issued shares.

Now we have a 15-12G filed that specifically refers to the Termination of CS with a Par Value of .0001. We can safely assume that the CEO isn't converting his PS with Par of .001 into CS with a Par of .0001(not how that works btw). The more logical assumption is that either the courts or another entity is temporarily assigning the invalid shares a Par Value of .0001 so they can Terminate them easily as an entire Class of their own apart from the valid CS with a Par of .001.

If there are any shares issued to holders over the current valid CS of roughly 800M then they will likely have their shares swapped out for valid shares before this happens. We are all legally due valid shares. I find it likely that all our shares fall under the current valid share amount of roughly 800M given our sell and short volume. Also the file only records 2 holders of CS with Par of .0001

Remember we have our next court date 2/1 Motion to Bar Unasserted Claims and will likely learn the outcome after this date and get an updated Security Profile on OTC Markets of any changes. Remember right not the AS and Float are entirely unavailable right now.


Two rules selected on 15-12G SEC File

12-G4 Refers to the Termination of these share

15D-6 Refers to termination of duty to report these invalid shares I believe. Clearly if there's shares no longer exist in any form or sense there is no reason to report them any longer.

15-12G SEC File
https://www.otcmarkets.com/filing/html?id=14618677&guid=vj_KU6Q1UvXQE3h
10-Q SEC File
https://www.otcmarkets.com/filing/html?id=14414559&guid=vj_KU6Q1UvXQE3h
8-K SEC File(sale of PS to new CEO)
https://www.otcmarkets.com/filing/html?id=14559310&guid=vj_KU6Q1UvXQE3h

My previous IHUB DD Explains previous Events in more detail as well as the calculation of the voting right percentages outlined in the 8-K.

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