New Energy Systems Group (fka NEWN)

[hippychick]

Sensible yes, but that may be far from what this company has planned. According to the filing I see that the company clearly states that only the issued common shares will undergo the r/s and the authorized shares will not. With the new os only 5.4 mill and the a/s remaining at 140,000,000 the master plan here may have been to dilute without losing the 50% voting/controlling power the company was barely holding onto with 5 "people" owning 50.39% of the common voting shares.

here is the link with all the facts. No mention of any uplisting or even one in the future. http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6575714

Hippy~Chick