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Re: Trompi post# 36929

Monday, 07/19/2010 1:54:37 PM

Monday, July 19, 2010 1:54:37 PM

Post# of 46603
Remember these PR's?

They stated that the additional AS would be used in the merger and if it wasn't, it would be retired.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=28250

"RMDM's authorized and outstanding share structure will reach
9,888,000,000 with this merger. All stock issued in connection with the merger (approximately 2,500,000,000
restricted shares) will remain as restricted stock. If the companies do not proceed with the merger or business
relationship this stock will return to treasury and will be cancelled."

As we know, there has been no merger and those shares were issued between January and March. It's all in 10Q from the last quarter. The AS is nearly maxed at 9,740,028,133B shares issued on a 9.888B AS.

As far as any stock buyback is concerned, according to this PR:

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=31660

"In other updates, the company may use this certificate and or cash and other instruments it secures in its quest to formulate a new additional merger with a China based second operating company in the IT industry"

So they buy them back and turn around and sell them again? Selling them, not using them in a merger. How does that help?