Houmu Holdings Ltd (HOMU)

[THall]

The simplest way I know to explain this is. 8 billion shares were over issued. In order for Lazar to bring the ticker current with NVSOS and the SEC he had to address the over issued shares. Here were his choices.

1) Dispute the over issued shares

2) Refund $8 million payment to each dividend shareholder and cancel shares

3) Make the shares valid and write the expense off as an $8 million shareholder liability

Lazar chose #3