As such the issued shares are in the hands of NovaCab owners and senior management, no one else IMO...
She said:
Novacab shareholders were issued 300,000,000 shares as well as an additional 100,000,000 following a conversio0n of preferred shares. This gives the total of approximately 400 million.
My guess is Gerald Parkin and/or his associates got those 400,000,000 shares, as payment for the shell.
Also, why some on this board still believe that there is some question about the A/S, Donna addressed that is the same email:
•The process of reversing the stock does not affect the authorized capital.