This may help, you may be right
SCHEDULE 14C INFORMATION
(Amendment No. 2)
CURRENT REPORT
PURSUANT TO SECTION 14(C)
OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: December 7, 2010
EFFECTIVE DATE OF THE REINCORPORATION
Pursuant to Rule 14c-2 under the Securities Exchange Act of 1934, as amended, the Reincorporation shall not occur until a date at least twenty (20) days after the date on which this Information Statement has been mailed to the Shareholders which is scheduled to commence on December 9, 2010. The Company anticipates that the actions contemplated hereby will be effected on or about the close of business on January 3, 2010.
This is the main reason why the Company is reincorporating in Nevada. The Company intends to make distributions to it stockholders by virtue of buying back shares of issued and outstanding shares of Common Stock in the open market. Currently, there are 4,446,193,905 shares of Common Stock issued and outstanding. The Company wants to decrease the number of the shares of its Common Stock to increase stockholder value, although there can be no assurances that any buy back would have that effect.
