AimRite Holdings Corp (AIMH)

[AlexI]

This what the T/A told me. He said that if Morey wanted to resign, which he did, he is allowed to choose someone to take his place, because someone has to. That person was E.G Marchi. Currently Mr. Marchi is what the T/A called the "interim director" of AIMH. He has taken the place of the former director, but has not yet been ratified by the shareholders. So he will continue to be an "interim" or "acting" director, officer, President, until either the majority of shareholders vote him in as there new officer, or until they nullify the decision by Morey to make him the new officer and replace him with someone new.

I think that is why the majority shareholder did not notice the change unless they were to look at the NVSOS website. Morey simply switched himself out as the President, etc. without telling them (possibly for monetary gain). Then Marchi assumed control and began to do what he wanted (issuing statements and declaring possible R/S) without informing the majority shareholders or even asking them.

(Morey was a director, per the NVSOS website, so he had some small control to make corporate changes, but in the end it is up to the majority of shareholders to finalize decisions made by Morey or Marchi)

And with a shell corporation the structure usually only includes 1-2 officers, who take over all the other corporate roles, and then the shareholders that are under them.

IMO AIMH is too small to have a Board of Directors. E.G. Marchi is the temporary director, officer, president, secretary, and treasurer, until the shareholders remove him.

That will be done soon. Then the majority shareholders (Mr. Barton & Mr. Coleman who own 60%) will vote in new officers, and proceed with a R/M.

Alex I