InvestorsHub Logo
Followers 1
Posts 51
Boards Moderated 0
Alias Born 05/04/2004

Re: tmillinr post# 40

Thursday, 02/24/2005 10:39:19 PM

Thursday, February 24, 2005 10:39:19 PM

Post# of 75
Close to the authorized on this, unless they increased it since jan 1.

PAGE 19 of the EMTk 15c2-11 Letter from atty Stocker(exhibit A July22,2004)

"....Furthermore ,we have noted that the company previously had 24,000 pre split shares outstanding, consisting of 1 block of 20,000 restricted shares owned by 1 "affiliate" of the company and 2 blocks of 2,000 free trading shares owned by 2 "Non-Affiliates of the company.The company currently has 159,000,000 shares issued giving the effect to the 6,625 for 1 forward split effected by the company effective July 10,2004......"


HOW DID THAT 4 for 1 MATH WORK OUT AFTERWARDS!!!!

As of DEC 31, 2004

25 million preferred authorized (no mention of outstanding, voting or conversion)

200,000,000 authorized 198,000,000 Outstanding

Now who here has shares to dump out of from Cede & Co (Isn't this a hoding company ?) or 2712001 Delaware, inc ?(Haven't found these folks....yet)

ZERO Revenue for 2004. 146,000 in assets.


How many shares left until it is maxed, an authorized has to be increased so more shares can be created, or a reverse split?



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.