Strategic Global Investments, Inc. (STBV)

[coolerheadsprevail]

Since they aren't an SEC-reporter, they can't file 8-Ks. But… Delaware has the information. And I'm told they did attach their amended corporate charter to the 1-A some months ago, reflecting the change.

Thanks, janice.

Three final questions from me:

(1)
Even though insiders likely have enough shares to control any vote on any issue, wouldn't any public company (even non-SEC reporting entities) still need to submit any proposed increase of the A/S to a vote by shareholders? At least this mechanism would have at least made the public aware that it was even being considered.

(2)
If a company files an offering circular for 30B shares, then files an amendment to it later in order to simply re-set the 1-year selling window, AND the amendment still reflects the same offering for 30B shares, would it be correct to state that NO shares have yet to be sold per the offering? To phrase the question a different way, if the company were to have sold 2B shares from the original 30B offering and then filed an Amendment to the offering, would it be required to have this Amended filing state that the offering is now for only 28B shares? Or would it still say 30B even though they've already sold 2B?

Reason I ask is that if you go back and look at all the circulars and related amendments this company has filed, they go all the way back to DEC-2012. Many of the subsequent amendments seem to simply extend the dates, so it gives the appearance that nothing has actually been sold but that the company simply wants to be "locked and loaded" with a full 12-month selling window at all times. And many of these filings and related amendments relfect the same 30B share number (technically, the earliest filings were for 125M shares and 500M shares, but obviously at much higher prices, and as the sp tanked, amendments clearly needed to be filed to reflect the lower offering price and related increase in share count in order to raise the same number fo dollars), so I am wondering if by seeing the same 30B share number each time an Amendment is filed, whether this means that they NEVER actually sold any shares yet?

(3)
Would it be possible that insiders are using this offering as a vehicle to enrich themselves? For example, they will be the ones buying up all the shares of this seemingly clandestine offering at these ridiculous .001 prices and then turn right around and dump for immediate doubles and triples? Or have I watched one too many Tom Clancy movies? W/O any Form 4's ever being filed, there is zero visibility on insider transactions.

TIA...