From the POS AM filing for TRZA....
On the 18th day of September, 2003 Trezac issued common stock, par value $0.0001
to Harvey Goralnick, for 2,000,000 shares; John Hopf, for 15,000,000 shares; Sir
Christopher Thompson, for 15,000,000 shares; Collin Hill, for 15,000,000 shares;
and, Olesa Grosu, for 15,000,000 shares in consideration of their consulting
services to the Registrant.
Subsequent to the date of such issuance of the 62,000,000 common shares for the
consultants listed above, the board of directors of the Company have unanimously
decided to cancel these shares. These consultants have not provided any
services to the Company, and, as such, the board of directors have decided that
it is in the best interest of the Company and its shareholder to deregister
these shares. Management has notified Madison Stock Transfer, the Company's
stock transfer agent to cancel the certificates representing 62,000,000 shares,
as of the date of this Post-Effective Amendment No. 1.
I wish we saw more companies do this.
Unfortunalely, at .005, something seems to be pushing the PPS down.
Just from a thumbnail look, this seems to be very underpriced.
"Aim low Sheriff...They're ride'n snakes"
as usual...JMHO..SMD