evandisher - That is a fricken very good question. One would think that it would cause for a release of a PR or something since he was a founder and director of the company. Putting someing out 4/1/11 saying he resigned in 2010 needs to be answered with a little more detail. Was it due to sickness, age, family issues, etc? Don't need all the gory details but saying that he resigned doesn't normally cut it.
In the supplemental information filed on 11/3/10 and signed on 10/25/10 by Mr. Tom it is noting that Evert Wilbrink had 79,481,250 shares (17.3%) 1.3% more than Mr. Tom.
In the Semi-Annual Report (joke) dated 4/1/11 it is note that Evert Wilbrink, founder and director who resigned in 2010, is no longer a shareholder of record with shares recorded in his name.
When you resign the shares don't just go away. Something happens to them one way or another. They could be put in your estate (which means they are out of your name) or they could be sold back to the company but something has to happen to them.
Something happened during the period 10/25/10 and 12/31/10 whereby Evert WIlbrink is written off the books.
Now I have seen where a company wants to come in and either purchase you or become a majority owner of the company and part of the condition of the purchase or influx of money is that certain people have to go but I still think that it would would require a PR to let shareholders know what the skinny was.
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