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MODiFiEDZ

09/14/14 2:03 PM

#168458 RE: Hondo44 #168457

Ed Starrs increased the AS & gave himself 3B shares for the sole purpose of preventing a hostile takeover while the company was inactive.
Ed has since given himself a preferred share that gives him majority of the voting rights so the remaining 2B shares are unnecessary for the purpose they were created.
It is unknown how many of the 2B shares will be retired & when, best guess is when we really need it such as to uplist.