Concomitant therewith, and as a condition precedent to closing of the contemplated merger transaction, the Custodian and director of the Issuer caused Willard L. McCusker to be named the Issuer’s sole Director and Officer, at which time Mr. Tracy resigned.
So the shell was basically free to McCusker and Tracy diluted, then recouped at the last drop with R/S news, transferred back to McCusker, then no R/S news with price up again. MMs would have to be in on it imo. Interesting. I guess it's okay for shareholders to pay for the expansion of the company, just interesting.