Sheesh. So they're offering tons of stock at $0.10 a share? When the actual stock price is $1.50? And then options with an exercise price of $0.20 a share?
Today's 8K won't be good for the current share price. Why would people want to invest $1.50/share in a company that is issuing stock to private investors at $.10/share?
I think that sort of thing is probably pretty common (discounted shares being offered), but you don't usually see a company announcing it. Maybe the regulators are already keeping a very close eye on GWBU.
---------
Who is Anissa Smith? She has been authoring most of the recent GWBU filings and was also authoring filings going way back to the 9/26/11 8K
Maybe Parsons/Burnnett/Hume is the legal counsel for GWBU? GWBU doesn't list a current legal counsel.
Former attorneys associated with members of this group have been banned by the SEC including John Briner, Diane Dalmy, and Joseph Emas.
Their former attorney used with the RMGX shell died of old age - Leonard Aronoff, Esq.
-------------
Call me crazy, but usually when you have a change in control you expect to see the people handling the filings change.
This tells me that the current dPollution group running the shell have been involved in the shell since 9/26/11 preparing to take over the shell.
The coincides pretty well with a number of events. At the end of the summer of 2011, the RMGX promotions had just wrapped up and the shell went silent after that. The last peep we heard from that shell was August 8, 2011.
It looks like they were already planning their next move to transfer assets into the GWBU shell to continue the same promotion driven schemes over again centered around promises of fuel efficiency technology revenues that will probably never happen.
The first GWBU filing done by Anissa Smith was an 8k filed on 9/26/11 announcing that a previous share exchange agreement with GroveWare Technologies Ltd had been cancelled opening the door for the dPollution crew to move in on the shell a few months later.