posted
You'd remember if you played GVRP...for one thing, it was in play for only about a week--maybe 10 days if you got in first rattle outta the box. And, ya...it was "novel," in more ways than one, lol.
Anyway, if you have a link showing Florida allows unlimited a/s, I'd appreciate it. As mentioned, I believe Wyoming is the only state to allow that.
posted
Make you work? lol, you're making me work...
OK, here's what I think the difference is: Florida does not require a cap, but you choose *some* limit, any limit. In Wyoming, you can actually choose "unlimited," but still you gotta state "unlimited."
All shares of a class must have preferences, limitations, and relative rights identical with those of other shares of the same class except to the extent otherwise permitted by s. 607.0602 or s. 607.0624.
(2) Unless the articles of incorporation provide otherwise, a division or combination may be effected solely by the action of the board of directors. In effecting a share combination or division, the board shall have authority to amend the articles to:
(a) Increase or decrease the par value of shares;
(b) Increase or decrease the number of authorized shares
quote:Originally posted by Peaser: What have you found on increasing the A/S of a current company in FL?
nothing new--as I recall the BOD simply convenes and votes it through...only caveat would be if shareholders could prove to a judge that doing so is "injurious to shareholders." So, in the real world, the scamboyz know very few, if any, ever have enough money involved to make it worthwhile to file a lawsuit...
posted
For a "pr consulting firm", this ccaj is doing a great(feel the sarcasm, chuckle) job.
lol
Anyhow, I was going back checking out some old scams, and I stumbled on this old thread.
I checked out leatherrockbands.com - what a hoot. Britney Spears is supposed to be wearing a "leatherrockband", yet some pics belittle her. What great legit pr consulting firm would put down a customers client that wears the product that the customer is selling?
-------------------- Buy Low. Sell High. Posts: 9894 | From: The Land Of The Giants | Registered: Feb 2005
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posted
ATLANTA, GA, Jun 25, 2009 (MARKETWIRE via COMTEX) -- Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announced today that the company has signed and executed a merger and consulting agreement with Colorado-based Housing and Security Software Developer, Helix DC, www.helixdc.com.
Coastal Capital Acquisition Corp's President and CEO Tracy Anderson said: "This merger marks the beginning of the company's long line of M&A activity going forward. We have been in talks with Helix DC and our board is in high spirits to announce this merger as the first of many mergers to come. Helix DC owns, markets, and sells a much needed group of niche education related software products that are and can be utilized in various industries. With this merger our corporate agenda should be clear to shareholders and potential shareholders. Coastal Capital Acquisition Corporation will expose our shareholder base to value created by mergers and acquisitions with private companies looking to, at some point in the near term become fully reporting stand alone publicly traded co mpanies."
Jason Wilcox, President and CEO of Helix DC, stated: "We are looking forward to growing our company and business in the public arena. It has been a goal of Helix to gain access to the public market, further develop our core demographic and have our software unlock potential savings and security for our customer base while establishing a continuously growing environment for our shareholders."
Coastal Capital Acquisition Corp's President and CEO Tracy Anderson also said: "As part of this merger I have instructed our Corporate Attorney to create a Georgia Corporation as a wholly owned subsidiary of Coastal Capital Acquisition Corporation, the name being Helix Acquisition Inc. The terms of the merger call for Helix DC to merge with our newly formed subsidiary Helix Acquisition Inc. Helix DC then becomes the surviving wholly owned entity as a Colorado Corporation."
Coastal Capital Acquisition Corp. is a development s tage company, which operates as a consulting company. We acquire controlling and or minimal interests in development and startup stage businesses. We then assist those businesses and or target companies in the development and implementation of their specific business models. We also provide solutions to operating companies looking to build corporate infrastructure, such as management teams, qualified sales and marketing departments, information technology, and or finance business development.
Our goal is to build long-lasting strategic relationships with our target businesses and companies to assist them in evaluating, structuring, and negotiating joint ventures, strategic alliances, joint marketing agreements and other corporate transactions, by providing advice relating to corporate finance, financial reporting, and accounting operations.
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