InvestorsHub Logo

thelimeyone

06/29/11 1:44 PM

#3988 RE: dehydratedman #3987

Excellent.

tlo.

dehydratedman

06/29/11 1:45 PM

#3989 RE: dehydratedman #3987

Love this line!!!

Additionally, Centacom Holdings Corporation has acted aggressively in order to secure all outstanding debt and convertible notes associated with Centacom. These notes, which had been held by initial investors, are now solidly in possession of the parent company.



GeneO

BayouBengals

06/29/11 2:04 PM

#3995 RE: dehydratedman #3987

Some really good stuff here GeneO... :-)

This course of action will involve the retirement of the 450,000,000 shares held by the parent company in exchange for the creation of a non-convertible, voting only, Preferred class of stock. After this step, the authorized share count would again be lowered. Shareholders will be updated as this process is implemented. It must be said that our Company has no plans to issue any stock, save for any transactions or any possible mergers or acquisitions that are presented to our Board and deemed to increase the value of our Company; we are looking to reward shareholders moving forward."


that will make for a pretty tight O/S & float dontcha' know.

texkengold

06/29/11 2:16 PM

#3996 RE: dehydratedman #3987

thanks D-man..... very good thanks.... Jeff and James have answered many questions today.... i especially like this:
"Mr. James Owens, Founder of Centacom Corporation and controlling owner of Centacom Holdings Corporation, has stated, "For five years, I have been deeply vested in and diligently working to attain the initial vision of success that I had for my company. I have taken, and will continue to take, any action to prevent that vision from being compromised." "
and also like this:
"Additionally, Centacom Holdings Corporation has acted aggressively in order to secure all outstanding debt and convertible notes associated with Centacom. These notes, which had been held by initial investors, are now solidly in possession of the parent company"
and this says volumes for Jeff:
"Chief Executive Officer, Jeff DiGenova would like to reiterate sentiments that were shared last week on a conference call. Mr. DiGenova commented, "Our corporate attorney will be acting to file a change in the authorized share count from 750,000,000 to 500,000,000 with the State of Nevada"
because i was not able to get info from the CC last week...
i was confused about:
"a change in the authorized share count from 750,000,000 to 500,000,000 with the State of Nevada"
and finally i also like this:
"the current outstanding share count to 499,855,401; 450,000,000 of these shares are restricted and held by the parent company, Centacom Holdings Corporation."
GOOD JOB and i SUPPORT JAMES AND JEFF....



Porgie Tirebiter

06/30/11 7:57 AM

#4047 RE: dehydratedman #3987

What is this? I don't understand what "voting only" means.

the creation of a non-convertible, voting only, Preferred class of stock.