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Friday, February 15, 2013 2:23:51 PM
The claim has been made that GDSM has been issuing newly authorized shares since Feb. 2012, however, that is not possible. The transfer agent is in control of issuing shares and they cannot and will not issue shares above the A/S count on record UNTIL they receive a copy of the approved article of amendment increasing the A/S from the state of registration. Since GDSMs amendment was received by the Florida SOS on Feb, 1 2013 (as stamped on the amendment), the transfer agent COULD NOT have received a copy of it from the state prior to that date. T/As are regularly audited for such things.
Call the compliance department of any transfer agent for verification. The compliance officer for Continental Stock Transfer & Trust Company (the agent of GDSM) is Mark at 212-845-3217.
All IMHO
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