BOCL’s management just doesn’t get it or they do and prefer to purposely evade basic business ethics. If they can’t get their business in order, how can anyone expect to believe any PR that comes from BOCL? Have you read the recent 10K report filed on 04/15/11? The company at that time, had a make up of their solely owned subsidiary E-Clean Acquisitions Inc and its joint ventures of Enzyme Bio Sciences LLC and the Higa Corporation. This accounted for 225M, 50M, and 36M of their outstanding stock.
Is this some of the stock being referred to in the reorganization noted by the recent PR?
What does the recent PR announcement do for BOCL? It perpetuates their game. Treasury stock is not an asset if it's the companies own stock because they haven’t attained any new wealth, they’ve simply reclaimed paper attaining the rights to apiece of there own company. Treasury stock is considered a contra-stockholders equity account. So it gets deducted from the stockholder’s equity account on the balance sheet to arrive at the true stockholder equity balance. Is this another PR ploy to possibly draw in the unsuspecting investor to the company?
Global NuTech Inc, has no Huntington Beach city license, a current NV corporation registration, but no CA foreign registration. E-Clean Acquisitions Inc, has no Huntington Beach city license, a defaulted NV corporation registration, and no CA foreign registration. Enzyme Bio Sciences LLC has no Huntington Beach city license, a current NV corporation registration, but no CA foreign registration. Higa Corporation has no Orem UT city license, a defaulted NV corporation registration, and no CA foreign registration. What does this say about BOCL business activities, management, and their joint venture partners? It is simply an avoidance of local, State and Federal requirements that all such businesses must comply in order to legally conduct their businesses.
A friendly warning, as an investor, stay far away from this stock. Remember that behind the scenes participating as stockholders/consultants in the company may be James E. Shipley, Russell Kidder, and their associates. Look what happened to BCLE and ACLH under their direction! Do your due dillegence and GLTA.
