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hdsstocks

06/08/11 9:32 PM

#10847 RE: hdsstocks #10829

STTN- issuance of 45 million shares to the scam CEO


From 8k


Mr. Bonar cancelled the 45 million shares of Smart-Tek Solutions Inc. previously issued as a result of the amending of the marketing partner agreement between Mr. Bonar and the Company on 12-9-2010. The purpose of the amendment was to clarify the basis for which shares for compensation are to be issued to Mr. Bonar. Based on the new terms, Mr. Bonar has not earned any shares as of this date. This amended agreement will ultimately result in the reissuance of the 45 million shares to Mr. Bonar upon reaching the performance goals of the amended agreement. A copy of the amended marketing agreement was filed on Edgar via Form 8-k on December 13, 2010.