InvestorsHub Logo
Post# of 45585
Next 10
Followers 30
Posts 4021
Boards Moderated 0
Alias Born 08/01/2004

Re: Jim Bishop post# 29521

Saturday, 02/05/2005 3:58:57 PM

Saturday, February 05, 2005 3:58:57 PM

Post# of 45585
Jim: GLKCE submited an amendement to their articles of incorp on 26 Jan 2005. Before the change, the a/s was 2 billion which included common and preferred stock. On the front page of their SoS record, it shows the current a/s as:

No Par Share Count: 0
Capital Amount: $ 105,428.572
Par Share Count: 105,428,572.00
Par Share Value: $ 0.001

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?CorpID=170862

In a PR and filing though, the company said the a/s was 5,428,572. If the TA is correct about the total now being 500 million, it looks like they're delinquent in filing an amendment. For a stock that supposedly has an o/s of only 1.16M, IMO it's churning way too much or the float is much, much higher than their reported o/s figure.



-----
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.