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quikfix

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quikfix

Re: regulator2006 post# 3165

Thursday, 05/02/2013 1:47:14 PM

Thursday, May 02, 2013 1:47:14 PM

Post# of 4651
The float will change soon in my opinion. The latest 10K mentions the following:

Issuance of 80,000,000 common shares May 4, 2012 at
$0.25 per share

The one year anniversary is coming up for these restricted shares. I think there will be more liquidity real soon if I'm assuming they were restricted for one year but according to this site, the usual restriction or holding period is one year. http://www.sec.gov/investor/pubs/rule144.htm

On May 4, 2012, the Company issued 80,000,000 shares of its common stock at $0.25 per share for the purchase of a trademark.

The new auditor was appointed by Board of Directors following Change in Control for Company on May 4, 2012.

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