Omni Shrimp Inc. (fka OMSH)

[pentester101]

Looks like a payment is due by the end of this month:

9. SUBSEQUENT EVENTS
Subsequent to June 30, 2013 and prior to the filing of this report, the following items occurred:

Promissory Notes: On July 25, 2013, the Company borrowed $12,000 from Platinum Long Term Growth IV, LLC pursuant to the terms of a Senior Secured Promissory Note. The note bears interest at the rate of 8% per annum and is due and payable on November 30, 2013.

Series C Preferred Stock Conversion to Common Stock: On August 13, 2013, Platinum Long Term Growth IV, LLC elected to convert 181,604 shares of their Series C preferred shares into 29,056,640 common shares at the conversion rate of 160 common shares per each Series C share.



From their quarterly report http://ih.advfn.com/p.php?pid=nmona&article=58873306 page 13.


Also found this excerpt to be an interesting read:

Increase in Authorized Common Stock: On July 1, 2013 the Company received a unanimous written consent in lieu of a meeting from the members of the Board of Directors and a written consent from the Series D stockholder to amend its articles of incorporation to increase the Company’s authorized common shares from 294,117,647 shares to 800,000,000 shares of common stock. As of June 30, 2013 there were 5,292,124,009 shares underlying preferred stock, convertible debt, outstanding options and warrants that could potentially dilute future earnings. The Company does not have sufficient authorized shares to satisfy conversion of all the potentially dilutive instruments.