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Monday, May 07, 2012 1:16:22 AM
Shares Outstanding: 593,302,644 a/o Feb 21, 2012 Those numbers direct from Michael at Madison Stock Transfer Inc prior to the company placing the gag order preventing madison from releasing share structure numbers to the public.
Float 282,728,351 a/o Dec 31, 2011 5 months old
Authorized Shares 1,600,000,000 a/o Apr. 12, 2012
Preferred shares 100,000,000 authorized.
90,000,000 issued with the rights for 1 preferred share converting to 10 common shares at the discretion of the holder attached.
* Capital Change = shs decreased by 1 for 500 split Pay date=12/28/2006.
Capital Change = shs decreased by 1 for 500 split. Pay date=11/18/2010.
Transfer Agent(s)
Madison Stock Transfer Inc.
Gagged by mexp: Mar 2, 2012
The share structure on otcmarkets.com is outdated and misleading.I wanted to know why.
http://www.otcmarkets.com/stock/MEXP/company-info
So I sent a letter to OTCmarkets.com. Its a very simple letter and a very simple response. It sheds some light I think any shareholder would want to be aware of:
.....I was wondering if you can tell me whether or not the issuer or otcmarkets or both enters the data for the share structure numbers listed on your site. I am specifically interested in the data listed regarding MEXP. Does mexp have access to your site to provide share structure numbers to the public?
The response from otcmarkets:
In this case, it looks like the information was submitted by the issuer through a secure login.
Please do not hesitate to contact me with any further questions.
So that explains the "who" as far as the posting of the outdated and misleading share structure on otcmarkets.com. It was the company that submitted that share structure data via secure login.
The question why should be OBVIOUS.
To mislead.
So YOUR "official" otcmarket.com mexp share structure numbers were PROVIDED by the company themselves. !!!!
SEC complaint filed.
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