Replies to post #7573 on Encompass Holdings (ECMH)

[Rotary Guy]

Here is the pertinent section of the 8K. Read it and tell me again to "get a clue". That's just rude.

[Begin Sec of 8K]
Item 3.03 Material Modification to Rights of Security Holders

Effective April 12, 2010, pursuant to authority under the Company’s Articles of Incorporation, the Board of Directors completed a reorganization of the Company’s capital stock by creating two classes of Common Stock. The Company’s authorized Common Stock will now consist of 749,985,000 shares of Class A Common Stock and 15,000 shares of Class B Common Stock. The Class B Common Stock will have special voting rights. If at least one share of Class B Common Stock is issued and outstanding, then the aggregate of all Class B Common Stock, regardless of their number, shall have voting rights equal to 66.67% of the total shares of all classes of Common Stock and Preferred Stock issued and outstanding at the time of any vote of shareholders.

Each share of Class B Common Stock will have voting rights equal to 66.67% of the total shares of all classes of Common Stock and Preferred Stock issued and outstanding at the time of any vote of shareholders, divided by the number of shares of Class B Common Stock issued and outstanding at the time of any vote of shareholders.

The voting rights of the Company’s Class A Common Stock have not been changed.

The Class B Common Stock will not be publically traded.

Rotary Engines, Inc. was issued 15,000 shares of Class B Common Stock in exchange for the cancellation of 100,000,000 shares of Class A Common Stock. The shareholders of Rotary Engines, Inc. are J. Scott Webber, Larry Cooper and Shirley Harmon, each of whom is a director of the Company
[End]

Rotary Guy