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Monday, December 06, 2021 4:09:25 PM
And yett Keith sold his entire stake in the company for $100,000. In September.
That is all it was worth. His diving hobby vehicle made no money net of expenses and shareholders paid for the remaining cost of his hobby diving semi-retirement
See the highlighted text:
Effective September 30, 2021, the two members of the board of directors of Blue Water Ventures International, Inc. (the "Company"), Larry Hoogendoorn and W. Keith Webb, resigned and Bruce
Cassidy and Roger Tichenor were appointed to the Company's board of directors to fill the two vacancies. Mr. Webb also tendered his resignation as the Company's Principal Executive Officer and Chief Executive Officer; and Elizabeth Webb tendered her resignation as the Company's Secretary and Treasurer. Both resignations were effective September 30, 2021. The Company filled the officer vacancies by appointing Roger Tichenor the Company's Principal Executive Officer, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer, also effective September 30, 2021.
2. The name(s) of person(s) who acquired control and person(s) from whom control was assumed. For corporations or other business entities, please provide the name(s) of person(s) beneficially
owning or controlling such corporations or entities.
Also, effective September 30, 2021, W. Keith Webb sold 8,813,515 shares of common stock and 300 shares of Series A preferred stock (each 100 shares of which is convertible into 1% of the outstanding shares of common stock on a fully diluted basis) to each of Roger Tichenor and Jeffery Bahnsen in exchange for an aggregate amount of $100,000.
https://www.otcmarkets.com/otcapi/company/financial-report/309560/content
And he sold his entire stake in the company for $100,000!!!!
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