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LouisDesyjr

08/13/14 8:20 AM

#941 RE: eddy2 #936

No money went to the company.

Eddy2, I think you misunderstand where the money went. It looks like the company issued shares to its officer(s), and the officer(s) sold the shares after the run up. Any money from the stock trading went to the officer/director. None of the money went to the company. Apparently, the company did not issue any shares after the run up.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=122455

According to the March 31, 2014 financial report total assets are only $39. $39 is all the company has (or had). Liabilities are over $51,000,000. This means that even if someone was to add money into the corporation, the first $51,000,000 would go to pay bills already due.

Whoever this officer is, he issued himself millions of shares according to the report.

I expect that eventually the company price will settle at $0.0001, unless there is a reverse stock split, because that is the lowest a price quote can go on the automated system.

Louis J. Desy Jr.