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rockie101

03/01/11 3:47 PM

#8313 RE: rockie101 #8312

You can buy but you can't sell at this time.
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janice shell

03/01/11 6:00 PM

#8314 RE: rockie101 #8312

Very peculiar situation...

At OTCMarkets, the company claims its o/s is 584 shares as of today. It gives no figure for the authorized.

http://www.otcmarkets.com/stock/HSCOD/company-info

Yet on 23 December 2010, Zoyes filed an amendment to his Florida corporate data, raising the a/s to 6,010,000,000.

http://www.sunbiz.org/pdf/89048096.pdf

Then on 11 February, he filed a new amendment, in which he noted that the stock would split 1:125 and that the a/s would be lowered to a mere 3,010,000,000.

http://www.sunbiz.org/pdf/93328197.pdf

He needs an a/s of 3 billion common when he has 584 shares outstanding? Something's gonna happen, and it won't be pretty.

If shareholders had been checking with the Florida SOS regularly, they'd have known about the pending r/s. But not many people do that.
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onfirestocks

03/03/11 8:20 AM

#8339 RE: rockie101 #8312

Thank you for your message regarding updating your HSCO shares in your E*TRADE Brokerage.

I understand your concern on this matter and I am here to assist you. Your HSCO shares will be updated automatically as soon as the reorganization is completed. We will have to wait for the Transfer agent to deliver the post-split shares before we post it in your Portfolios page. Reorganization like this may take a couple of days to weeks and there is no definite timeframe. You can always follow up on the status of your request after 2 to 3 business days