That link is exactly what I'm talking about. Bloomberg only has information gleaned from a press release. No addresses, no officers, and no board members listed. Looking at the Con-X website, I see that pictures and two new contacts have been added in the past couple of days. Conveniently, EVXA's new CEO now has bio information that claims "extensive leadership experience in the Construction and Building Industry". Maybe he does, but I just find it odd that there is no mention of that before they put out the PR about Con-X.
We have no real details about who and what Con-X is.
We have no real details about who and what Extractive Technologies is.
We have no real details about who and what Creationworks is.
Lets look at the share structure over the past two years:
12/31/09
AS 1,000,000,000
OS 404,775,793
Tradeable 390,184,481
There was a 1:500 reverse split on 3/11/10, yet the AS almost triples and the OS almost quadruples.
3/31/10
AS 2,800,000,000
OS 1,600,809,652
Tradeable 809,652
6/30/10
AS 3,800,000,000
OS 3,020,809,652
Tradeable 820,780,457
9/30/10
AS 100,000,000,000
OS 6,390,809,652
Tradeable 4,165,864,000
There was a 1:1000 reverse split on 10/28/10. The OS grew by almost seven times two days later?
10/31/10
AS 100,000,000,000
OS 41,306,391,024
Tradeable 6,604,190,897
3/31/11
AS 100,000,000,000
OS 41,306,391,024
Tradeable 7,304,184,197
On 4/15/11 we had another 1:1000 reverse split.
Now we have a reduction in authorized shares (by half) as well as retirement or a change in conversion rates of the preferred stock.
There is also (as of 3/31/11) $9,421 cash available at the end of the period, and a net loss during the period of $44,338.
How did they acquire Con-X?
How did they acquire Creationworks?
How are they paying Extractive Technologies $8,00 a month?
And who and what are these companies?
I realize that I bore some of you, and others want to give me snarky nicknames, but all I'm offering here is facts to support my opinions and questions that have not been answered. There is no ulterior motive, I hold no shares (what I kept after trading this was reversed into nothing), and don't intend on doing so ever again. It is my opinion that no one but the company is selling shares, that no one is shorting this, and that "new management" claims aside, you'll see more of what has been going over the last two years here.
