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ggecko50

04/06/11 11:46 AM

#53566 RE: stechkin #53565

Unfortunately other than a PR, the specific details haven't been released regarding the structure of this new company.. PR states stock was issued to PharStar, essentially giving it control over BMGI shell, and probably a RM is happening, wait and see game so far.
PATB, LLC (Kit Chambers) holds control due to Preferred A stock, unless they were cancelled in this deal (unknown until new FS are put out) - so DM isn't too far away... Have to wait and see..
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TARKA

04/06/11 12:13 PM

#53567 RE: stechkin #53565

PATB, LLC holds 100 Preferred A shares, each worth 5M votes.
That's 500 Million votes to Dennis' buddy Kit Chambers.
PATB, LLC is also the principal holder of EVLN

(copy yahoo GPFox)