As I was reading through the 8K I noticed a change in the numbers.
2.1.2 The Company has 500,000,000 authorized shares of common stock. There are currently 267,841,012 issued and outstanding shares of common stock and no authorized shares of preferred stock. Sellers at the Closing Date will have full and valid title to the Common Stock, and there will be no existing impediment or encumbrance to the sale and transfer of the Common Stock to the Purchaser; and on delivery to the Purchaser of the Common Stock being sold hereby, all of such shares of Common Stock shall be free and clear of all liens, encumbrances, charges or assessments of any kind; such shares will be legally and validly issued and fully paid and non-assessable shares of the Company's common stock; and all such common stock has been issued under duly authorized resolutions of the Board of Directors of the Company.
Kinda makes me wonder why Peter packed it in, since he headed all of the companies listed in the 8K that sold to Ms Hayes.
I also don't recall being asked for my vote as stated below, you guys?
On August 17, 2011 a majority of the shareholders of the Company approved the appointment of Helen Hayes, and Howard Hayes to the Board of Directors. In addition, at such time, Helen Hayes was appointed the Company’s Chief Executive Officer, Michelle Stewart as Chief Financial Officer and Treasurer, and Howard Hayes as Secretary.
