A gentleman named Michael Alexander, sole beneficial shareholder of the FHAL shell. Seems someone pulled a fast one, changed the symbol ONLY and tried to give the impression that the merger had already happened.
The money and control is not with Harris. I'm not sure what Harris is, but from the merger filings and the terms of Alexander's contract, the money and control are with him exclusively. But strangely - he's a very quiet man.
ITEM 9. DIRECTORS AND EXECUTIVE OFFICERS
Directors and Officers. The following table sets forth certain information regarding the only executive officer and director of Furia. All officers serve at the pleasure of the Board of Directors. Directors serve until the election and qualification of their successors.
Michael D. Alexander Chairman of the Board, Chief Executive Officer, President, and Director
Mr. Alexander became the Chief Executive Officer, President, and a director of Furia on August 26, 2004. From June 2004 to the present, Mr. Alexander has been the President of Fronthaul, Inc., a wholly owned subsidiary of Furia that was acquired by Furia during August 2004. Mr. Alexander is also the Managing Member of Loadsource Logistics, L.L.C. and Fronthaul Intermodal, L.L.C., wholly owned subsidiaries of Furia.
Employment Agreement
The Company entered into an employment with Michael D. Alexander, the Chief Executive Officer of Furia that provides for a salary of $150,000 per year and a bonus of 20% to 50% per year as determined by the Board of Directors based upon the performance of Furia, and use of a vehicle. The agreement also provides that the number of shares of Common Stock of Furia shall never be less than sixty percent (60%) of the total issued and outstanding Common Stock at any time. The agreement also provides for his indemnification against any and all claims and demands, including court costs and reasonable attorneys' fees that may arise out of his services to Furia. The agreement is cancelable by Furia upon 60 days written notice.
Beneficial Owner Michael D. Alexander Number of shares 75,154,780 (1) Percent of Class (1) 78.1%
All directors and officers as a group (one person) Number of shares 75,154,780 (1) Percent of Class (1) 78.1%
(1) Includes 50,000,000 shares of common stock that Mr. Alexander has the right to acquire under the terms of the purchase agreement between Furia and Fronthaul, Inc.
I am also quite interested in these folks here. Seems 90% of them live in NE Texas, and about 20 of them have filed to sell their 144s in the past month. No explanation who they are or why Alexander gave them shares:
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