Replies to post #44969 on Solidus Communications Inc (SLDC)

[Clootch]

This is great info thx wayno2

[trendmkr]

Sanchez appears well-qualified for the position

[slingwing1]

Accordingly, Erwin Vahlsing, Jr. resigned as an officer and director concurrent with the appointment of the following individuals to the Board of Directors and to serve in the capacities indicated until the next annual meeting of shareholders:

Well yea. Erwin resigned but that has nothing to do with Erwin owning the shell. Erwin is just putting this out on loan when he sees a chance to make a buck off a third rate promoter.

Something that also needs to be brought to light is the conversion of all the prefered B stock into unrestricted common that nearly maxes out the SS. Now Willie didn't get all those shares but guess who did.

Capital . The authorized capital stock of PURCHASER consists of 500,000,000 million shares of common stock of which at present 46,288,164 shares of common stock, $0.001 par value are issued and outstanding, and 83,480 shares of preferred B stock(converts 1 : 5000), $0.001 par value are issued and outstanding. Upon the closing of this transaction and with the conversion of the 83,480 shares of preferred B stock into 417,400,000 common stock, the issuance of the shares contemplated herein, there will be a total of 463,688,164 shares of common stock issued and outstanding. All such outstanding shares are, as of the date hereof, and at Closing, fully paid and nonassessable, free of all liens, encumbrances, options, restrictions and legal or equitable rights of others not a party to this Agreement. Other than as proved herein, there are not now, and at losing, there will not be, any outstanding subscriptions, options, rights, warrants, convertible securities, or other agreements or commitments obligating PURCHASER to issue or to transfer from treasury any additional shares of its capital stock. None of the outstanding shares of PURCHASER are subject to any stock restriction agreements. All of the shareholders of PURCHASER have valid title to such shares and acquired their shares in a lawful transaction and in accordance with the laws of the State of Nevada.

[venturecapp]

good to know