Replies to post #74647 on Global Poletrusion Group Corp. (GPGC)

[sidedraft]

But Donna did not say that:

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.

So, it stayed at 5,000,000,000.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96042025