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Tuesday, January 10, 2012 8:17:22 PM
IMO-NBI was a shell to release a PR about "acquiring" a "company with products" but the constant PRs were all about purchasing a "formula" for one thing or another so what products did they have? Since Dezanger incorporated it, the papers have had to be reinstated 2 times. Real companies don't let their papers go into default let alone let them be revoked which is the case for NBI.
The only reason to let them be in default or be revoked is because you're not doing anything with it so there's no harm in not keeping the papers active, why spend the money to keep the papers current if you're not doing anything with it as this is obviously the case here. DeZanger does a PR about acquiring NBI but doesn't say it was his own private company, that seems crooked in itself. The papers had been revoked and were still revoked when the share agreement was done. The papers were reinstated 4 days after the PR was released.
GL with MILV, I think you're going to need it if you're a shareholder. By the way, the share exchange agreement gave DeZanger TOTAL VOTE CONTROL. Salaries, benefits, A/S increases, reverse splits and anything else that is supposed to be put to a vote of the shareholders can be and will be passed by the "majority shareholders" without having to ask the real shareholders(investors)for their votes.
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