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Tuesday, 07/27/2010 12:20:07 AM

Tuesday, July 27, 2010 12:20:07 AM

Post# of 46
New amendment - PFMS !!.0007

There is plenty of speculation surrounding a possible reverse merger with PFMS. Information supported by fact relative to a possible RM is detailed below.

8k on December 18, 2009 through Nevada SOS
Names Ira Frohman President, Secretary, Treasurer, and Director of PFMS

http://www.faqs.org/sec-filings/091218/PaperFree-Medical-Solutions-Inc_8-K/

500,000,000 Authorized shares per this filing

NOTE: There was an amendment to this filing 5/25/2010 that raised the AS to 1,000,000,000. This is necessary at times to complete a reverse merger to give the private company control.

Certificate of Designation for 4,000,000 shares of Convertible Preferred Stock (Series D) with a par value of $1.00 per share.
Filed February 2, 2010
State Of Nevada
$175.00 filing fee

http://www.authorized-shares.com/nv_docs/pfms.pdf

Interpretation by Iglatend ((IHUB user): PFMS has created 4 million series D shares. Reading the filing closely gives me the impression a reverse merger is definitely happening here. A very important point is the conversion rate is 1 series D to 1 common. Meaning they are NOT getting a millions of common shares to dump if they choose to convert. The valuation on these series D shares is $1.00/share. They would never convert unless PFMS is trading over a dollar a share. Why issue these? Read the info regarding preference to the Series D shares in the event of a merger. They will get paid well if/when the merger takes place. This will not hurt the common shareholder. After reading this filing, I am more confident a reverse merger is going to happen and happen in a matter of weeks at this point. This is all my opinion and my own interpretation. Read the filing and see what you think. It all adds up now though.


New Officer as of July 21, 2010

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=LV8Pbc%252faeJKpVA3dQsJYPQ%253d%253d

Lists Matthew Diehl as President, Secretary, Treasurer, and Director of PFMS. This should be PR'd any day. Diehl could have purchased this shell for a number of different reasons, which should become clear in the next few days.

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