Ise Blu Equity Corp (ISBL)

[CyberCall™]

Sorry to come over here from RB.....but @ 10:56am EST I discovered that ISBL increased the authorized from 140,000,000 to 500,000,000 and this was approved on 8/20/07 per Nevada Secretary Website:

Action Type: Amendment
Document Number: 20070566759-07 # of Pages: 1
File Date: 08/20/2007 Effective Date:
Previous Stock Value: Par Value Shares: 140,000,000 Value: $ 0.001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 150,000.00 New Stock Value: Par Value Shares: 500,000,000 Value: $ 0.001 Par Value Shares: 50,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 550,000.00


So, I had a small gambling position, and then decided to blow out of it @ .004 and .003......very small. Why would this CEO dilute from 140,000,000 to 500,000,000 and not tell shareholders publicly that he was diluting?