The shares were issued years ago to corporate insiders the only one left is Nate! So he is the only one who is restricted. LOL
Effects of Acquisition
The Company will issue 18 million shares of its Series A Preferred Stock which will result in a change of control occur and the current officers and directors will resign. Marc Kassoff has already resigned. Nate Steck will continue to serve as an officer and director, playing a pivotal role in facilitating the smooth transition between the Company and JP Energy Group.
Great DD!
From the 2021 FY filings
Name and Address of Beneficial Owner
Amount and Nature of
Beneficial Ownership
Percentage
of Class (1)(2)(3)(4)(5)(6)
Nate Steck
15151 Springdale St,
Huntington Beach, CA 92649
6,974,000 Common Stock / Direct
970,052 Series A Preferred / Direct
21,292 Series B Preferred / Direct
47,807 Series C Preferred / Direct
1,000,000 Series D Preferred / Direct
1,196,000 Series E Preferred / Direct
1.3%
50.0%
14.2%
19.1%
15.8%
8.0%
Marc Kassoff
15151 Springdale St,
Huntington Beach, CA 92649
5,296,000 Common Stock / Direct
970,051 Series A Preferred / Direct
52,970 Series B Preferred / Direct
47,807 Series C Preferred / Direct
1,000,000 Series D Preferred / Direct
1,196,000 Series E Preferred / Direct
1.0%
50.0%
35.3%
19.1%
15.8%
8.0%
Timothy Denton
15151 Springdale St,
Huntington Beach, CA 92649
5,000,000 Common Stock / Direct
25 Series A Preferred / Direct
20,419 Series B Preferred / Direct
47,806 Series C Preferred / Direct
1,000,000 Series D Preferred / Direct
1,196,000 Series E Preferred / Direct
0.9%
-
13.6%
19.1%
15.8%
8.0%
Directors and Executive Officers as a Group
17,270,000 Common Stock
1,940,128 Series A Preferred
94,681 Series B Preferred
143,420 Series C Preferred
3,000,000 Series D Preferred
3,588,000 Series E Preferred
3.2%
99.99%
63.1%
57.4%
47.2%
23.9%
Jeremy Kaplan
15151 Springdale St,
Huntington Beach, CA 92649
20,469 Series B Preferred / Direct
47,806 Series C Preferred / Direct
1,000,000 Series D Preferred / Direct
1,196,000 Series E Preferred / Direct
13.6%
19.1%
15.8%
8.0%
https://www.otcmarkets.com/filing/html?id=15118885&guid=LM5-kaKp1MPsdth