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hedge_fun

01/16/14 8:51 AM

#29846 RE: loanranger #29845

Yep, that's the most recent.........BUT

that "company" no longer exist. The 4 former Directors took the subsidiaries with them. The new sheriff rode into town cancelling shares, so the share count in that "most recent" report is way off.

Plus they failed to mention the Victory Partners agreement that occurred in September 2011. How does that happen, right?

Plus they failed to mention the 60 preferred shares they "issued" were never registered in NV.

Preferred Stock

On December 23, 2009, the Company issued its four officers and directors each 15 shares of Series A Convertible Preferred Stock of the Company for $60,000. Each share of Series A Convertible Preferred Stock is convertible into 1% of the Company's common stock at the date of conversion. The preferred shares do not have liquidation preference over common shares. Each preferred share is entitled to as many votes equal to 1% of the Company's outstanding common stock. On January 4, 2010, the Company amended the certificate of designation of preferences and rights of Series A Preferred Stock previously filed with the Nevada Secretary of State which changed the number of shares authorized from 50,000,000 to 60 shares. At September 30, 2011 and December 31, 2010, there were 60 shares issued and outstanding.

Oooppps

Notice the 4/26/11 "stock split" here: 5B common, ZERO PREFERRED.

Action Type: Stock Split
Document Number: 20110309530-04 # of Pages: 2
File Date: 4/26/2011 Effective Date:
Previous Stock Value: Par Value Shares: 2,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 2,000,000.00 New Stock Value: Par Value Shares: 5,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 5,000,000.00


http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=Pra6Idz%252f0YBUizpN%252bX5vQg%253d%253d&CorpName=TEAM+NATION+HOLDINGS+CORP.


The auditor must be having some fun, huh?

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scon

01/16/14 2:10 PM

#29848 RE: loanranger #29845

We don't know what company is coming to TEMN. It could be
Emperial Americas which has revenues and net income as an
importer of Distinguido Tequila and other spirits. It could
be a Texas spirits distributor that also has revenues and
net income. Once Alonzo has a clean debt-free DTCC cleared
shell at the end of this month, he can sell it to anyone
that wants to go public, including the original owners
that operate a mortgage real estate servicing firm that
also had revenues and net income. It could also be a privately
held bank going public. Depending on their revenues and net income,
they could go public for $5.00 -$25.00 per share if the SO was
reduced to 25 million shares by a 1 for 40 reverse split. We
could all make obscene profits here.