InvestorsHub Logo
Followers 63
Posts 14414
Boards Moderated 0
Alias Born 07/19/2003

Re: sambeaux post# 10739

Thursday, 07/28/2005 7:58:35 PM

Thursday, July 28, 2005 7:58:35 PM

Post# of 53980
Sam, they will get with the OTC program shortly:

VMHVF

NOTE 2 - COMMON STOCK

During the nine months ended March 31, 2005 the Company issued 241,000 shares of common stock for employee Christmas bonuses of $2,410; 190,000 shares of common stock for services of $7,500; issued 8,440,000 shares of common stock for consulting services of $197,000. The Company also issued 1,300,000 shares of common stock for expenses of $65,000 incurred for new web site development and 190,000 options were exercised for $9,025.

NOTE 3 - STOCK OPTIONS

On March 24, 2004, the Company's board of directors approved the VMH VideoMovieHouse.com 2004 Nonqualified Stock Option Plan. This plan, subject to the authorization of the Company's board of directors, allows the Company to distribute up to 5,000,000 options on common stock shares to officers, directors, employees and consultants at an exercise price of up to $0.25 per share.

On October 8, 2004 the board of directors approved an increase in S-8 stock to 15,000,000 options on common stock shares to officers, directors, employees and consultants at an exercise price of up to $0.03 per share.

F-6



Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.