Replies to post #57858 on The Golden Lounge

[power_forward]

totally disagree--The SEC will definitely reverse all the trades going back to two weeks,there will be no shares to issue to anybody

[power_forward]

hatemms,the SEC has halted over 60 pink sheets in the last year,they are fighting tooth and nail to get CMKX revoked ,isn't that a "chit" pink sheet company also?

[power_forward]

"this is just a pinky"--yeah,and the SEC hates pinkies more than anything,they are cracking down bigtime on them--they've had enough,and this pathetic fiasco only justifies their past actions in the last year--pinkies are open sewers of abuse and must be dealt with accordingly--GVRP is finished

[Mr. Bill]

Not so sure that a company can get away with doing things to change the share structure AFTER THE FACT. Once the due bills have been issued and covered then the company may be able to increase the authorized and get the shares registered with the SEC. It is not as simple as the company simply increasing the authorized, they must get the shares registered as well.

[Jim Bishop]

No can do S-8, gotta be a reporting company.

Who Can Issue Stock on Form S-8

Form S-8 requires the disclosure of very little information on an issuer. Form S-8 relies upon an issuer's existing SEC filings to ensure that adequate public information is available regarding an issuer. Thus, S-8 is only available to fully reporting companies that have met their 1934 Act filing obligations (10-Ks, 10-Qs, etc.) for the twelve-month period preceding the S-8 Filing. A company's annual and quarterly reports are simply incorporated by reference into the S-8, and need not even be included in the S-8 registration filing.