They're selling a boatload of restricted shares and/or unregistered shares. That's illegal. It's definitely a scam...and you can take that to the bank. Or not, lol...
Looking forward to some prison time for these yoyos. Florida AG needs to be contacted...
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Posted by: bankshot Date: Wednesday, June 09, 2010 11:29:25 AM In reply to: None Post # of 11707
Where is the share selling coming from?
It seems to me that ALL the shares are restricted shares until September 15, 2010...except 211,300 "original shares". What up?
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On September 15, 2009, in a private transaction, 50,000,000 shares were sold to an unrelated party
On September 17, 2009, in a private transaction, the 50,000,000 shares of the Company’s common stock obtained on September 15, 2009 were transferred to an unrelated third party.
On September 30, 2009 the Company entered into a share exchange agreement with Ecosafe Inc. and its wholly owned subsidiary Ecosafe Insulation of Florida, LLC, the Company issued 2,500,000 Shares of Series A Convertible Preferred stock.
On October 1, 2009 2,475,000 shares of Class A Convertible Preferred Stock were surrendered to the Company and cancelled by the Company. Also on October 1, 2009 2,500,000 shares of Series A Convertible Preferred stock were issued to the shareholders of Ecosafe, Inc. in exchange for all the outstanding stock of Ecosafe, Inc.
On October 1, 2009, 5,000,000 share of Common Stock were issued in exchange for $500 of Notes Payable from the Note incurred July 16, 2006.
On February 1, 2010, 9,000,000 share of Common Stock were issued in exchange for $900 of Notes Payable from the Note incurred July 16, 2006.
On March 9, 2010, 21,000,000 share of Common Stock were issued in exchange for $2,100 of Notes Payable from the Note incurred July 16, 2006.
On October 1, 2009, 3,000,000 share of Common Stock were issued in exchange for $300 of Notes Payable from the Note incurred July 16, 2006.
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