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Re: SeaOhToo post# 1152

Monday, 08/05/2013 12:51:36 AM

Monday, August 05, 2013 12:51:36 AM

Post# of 1332
LMAO, If one reads the whole filing instead of selective parts the truth reveals:

The Company has three classes of voting stock outstanding: the Common Stock,
the Series A Preferred Stock, and
the Nontransferable Preferred Stock.

There are currently 188,996,564 shares of Common Stock outstanding

I REPEAT There are currently 188,996,564 shares of Common Stock outstanding

AND FOR A 3rd time just to make sure you all see & understand it. There are currently 188,996,564 shares of Common Stock outstanding

and each share of Common Stock is entitled to one vote;
3,694,400 shares of Series A Preferred Stock and each share is entitled to 100 votes; and
1,000 shares of Nontransferable Preferred Stock entitled to votes totaling 110% of the combined voting of the Common Stock and the Series A Preferred Stock.

Accordingly, the total number of votes held by holders of the Company’s voting securities is 1,172,632,784 reflecting 188,996,564 votes of the Common Stock, 369,400,000 votes of the Series A referred Stock, and 110% of the total votes of the Common Stock and Series A Preferred combined or 614,236,220 votes.

The vote or written consent of the shareholders holding at least 586,316,111votes from the Common Stock, Series A Preferred Stock, and the Nontransferable Preferred Stock issued and outstanding is necessary to approve the sale of the West Thrifty/Quita leases, ratify the sale of interests in our Oklahoma and Kansas properties, and approve the Reverse Split. In accordance with Nevada law, July 2, 2013 is the record date for determining the shareholders entitled to vote or give written consent.
Replies:
now let me get this sraight 2+2=4 4+5=9
rooscogburn on 8/2/2013 4:40:21 PM
Thanks for posting this JT
absintheminded90210 on 8/3/2013 10:26:23 AM
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