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Re: None

Tuesday, 09/04/2012 5:56:36 PM

Tuesday, September 04, 2012 5:56:36 PM

Post# of 37545
EDWY "following the pennystock scammers playbook"

Great post here.


Quote:Meyerlane621 Thursday, August 30, 2012 2:12:18 PM
Re: samsamsamiam post# 14101 Post # of 14104

LRI (Smart 1 Systems) Share Distribution

Quote:
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3. I do recall on the blog before the RS you said that if you open another company the current EDWY shareholders would get a share of the new company is this still true?

Incorrect. Please review what I said. Almost three years ago during the fourth quarter of 2010 I spoke of the possibility of doing a pro-rata distribution of a new'y-created entity's shares (like LRI) to the existing EDWY shareholders. However, we never announced that we were actually taking or had taken such an action.
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http://www.edoorways.com/1/post/2012/04/new-blog.html


Quote:
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December 9, 2010
The bottom line to you is that when the new company opens its doors you will receive shares in the new entity for free based on the percentage ownership you currently have in eDoorways International Corporation. The number of shares you receive will not be the same number as what you currently hold, but you will hold the same percent that you have in our current company as the new company begins its operations. If you hold restricted shares, the tacking period will carry over to the new company as well.
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http://edoorways.wordpress.com/2010/12/09/edoorways-international-corporation-announces-educational-spinoff-company/#comments

12/04/2007 ---- 1,000,000,000
05/11/2010 ---- eDoorways files Form 15 (no longer reports to SEC)
05/27/2010 ---- 2,000,000,000
10/09/2010 ---- Buy now to increase your ownership percentage
11/12/2010 ---- 3,000,000,000
03/01/2011 ---- 5,000,000,000
05/27/2011 ---- 6,000,000,000
08/30/2011 ---- 7,000,000,000
09/27/2011 ---- 8,000,000,000
10/04/2011 ---- Reverse Split
10/04/2011 ---- 15,600,000
02/23/2012 ---- 40,300,000
06/12/2012 ---- 60,300,000

Anyone who bought shares to increase their ownership percentage was hit with constant share increases over the next year. They announced a reverse split 12 months after presenting this opportunity to own a percentage of a new company. To add insult to injury, when a CEO for the new company is finally announced, they break the news that there will be no distribution of LRI shares to EDWY share holders.

Form 15 5/11/2010
http://www.sec.gov/Archives/edgar/data/1024095/000114036110020395/0001140361-10-020395-index.htm
To confirm share structure
http://corp.delaware.gov/contact.shtml