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Re: big kahuna 01 post# 26028

Friday, 07/02/2010 9:29:07 PM

Friday, July 02, 2010 9:29:07 PM

Post# of 69607
big k...

Just to correct a statement you made referring to the shares.... "Since you made the statement he can create them anytime he wants..." First I NEVER said he could create them.

The 5 BILLION shares are Authorized Shares and have already been 'created' when the Articles of Incorporation were amended.

Outstanding, or, Issued Shares are those in the market. The remainder, the difference between Authorized Shares and Outstanding Shares, are deemed Corporate Treasury Shares and it is these Treasury Shares that Peacock has total control over in his position as CEO, and, can issue any or all of them at any time, for any purpose.

And as far as knowing what the 'true' Outstanding sharecount is, good luck on that one as the Transfer Agent is GAGGED.

"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"