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Tuesday, March 01, 2011 6:00:22 PM
At OTCMarkets, the company claims its o/s is 584 shares as of today. It gives no figure for the authorized.
http://www.otcmarkets.com/stock/HSCOD/company-info
Yet on 23 December 2010, Zoyes filed an amendment to his Florida corporate data, raising the a/s to 6,010,000,000.
http://www.sunbiz.org/pdf/89048096.pdf
Then on 11 February, he filed a new amendment, in which he noted that the stock would split 1:125 and that the a/s would be lowered to a mere 3,010,000,000.
http://www.sunbiz.org/pdf/93328197.pdf
He needs an a/s of 3 billion common when he has 584 shares outstanding? Something's gonna happen, and it won't be pretty.
If shareholders had been checking with the Florida SOS regularly, they'd have known about the pending r/s. But not many people do that.
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