On July 29, 2011, the Company entered a Share Exchange Agreement with a shareholder of Aclor Inc under which one million four hundred and eighty million (1,480,000,000) restricted common shares are to be issued to acquire 40% of the total issued and outstanding shares of Aclor, Inc in a share-for-share exchange and as a result, Aclor Inc will become the wholly owned subsidiary of the Company. As of the date of this 10Q filing this transaction has not closed.
Need to read there own filing for errors. Looks like a crap load of common shares are out there. Some restricted, some not.