posted
As of the close of business on March 3, 2006, we had 5,000,000,000 shares of common stock authorized, of which 93,238,196 shares were outstanding and 12,135,000 shares of preferred stock authorized, of which 246,594 shares were outstanding, specifically 5,000 shares of Series A preferred stock authorized, of which 2,656 shares were outstanding, 100,000 shares of Series B preferred stock, none of which were outstanding, 12,000,000 shares of Series C preferred stock authorized, of which 228,000 shares were outstanding, 25,000 shares of Series D preferred stock authorized, of which 11,820 shares were outstanding, and 5,000 shares of Series E preferred stock authorized of which 4,118 shares were outstanding. Each outstanding share of common stock is entitled to one vote per share; each share of Series A preferred stock votes with our common stock on an as converted basis; shares of Series C preferred stock are not entitled to vote; and each share of Series D preferred stock and Series E preferred stock votes with our common stock on the basis of one vote per share.
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Between the 10th of February and the 3rd of March, 159 million shares were traded.
If you look at the period 10th of February till now, we're even talking about 283 million shares that changed hands.
The O/S is 96 million (as of 3rd of March). So we traded 3x the total O/S in less then two months.
I think I'll write a letter to PXIT ....
Posts: 749 | Registered: Aug 2005
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"As of the close of business on March 3, 2006, we had 5,000,000,000 shares of common stock authorized, of which 93,238,196 shares were outstanding and 12,135,000 shares of preferred stock authorized, of which 246,594 shares were outstanding, specifically 5,000 shares of Series A preferred stock authorized, of which 2,656 shares were outstanding, 100,000 shares of Series B preferred stock, none of which were outstanding, 12,000,000 shares of Series C preferred stock authorized, of which 228,000 shares were outstanding, 25,000 shares of Series D preferred stock authorized, of which 11,820 shares were outstanding, and 5,000 shares of Series E preferred stock authorized of which 4,118 shares were outstanding. Each outstanding share of common stock is entitled to one vote per share; each share of Series A preferred stock votes with our common stock on an as converted basis; shares of Series C preferred stock are not entitled to vote; and each share of Series D preferred stock and Series E preferred stock votes with our common stock on the basis of one vote per share."
I hope you are aware of the fact that between the 10th of February and the 3rd of March, 159 million shares were traded. If you look at the period 10th of February till now, we're even talking about 283 million shares that changed hands.
The O/S is 96 million (as of 3rd of March). So we traded 3x the total O/S in less then two months.
Would you happen to have any idea, suggestion on what is going on ?
As an investor in your firm, I'm worried at the number of shares that are traded and the PPS that keeps on going down.
-------------------- THE DEVIL HIDES IN THE DETAILS (DD) DO YOUR DD BOOOYAH :) Posts: 345 | From: central florida | Registered: Oct 2005
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U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 12B-25
COMMISSION FILE NUMBER: 000-30949
NOTIFICATION OF LATE FILING
Check One:
[X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q and Form 10-QSB [ ] Form D [ ] Form N-SAR [ ] Form N-CSR
For Period Ended: December 31, 2005
[ ] Transition Report on Form 10-K [ ] Transition Report on Form 20-F [ ] Transition Report on Form 11-K [ ] Transition Report on Form 10-Q [ ] Transition Report on Form N-SAR [ ] Transition Report on Form N-CSR
For the Transition Period Ended: N/A
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: N/A
PART I. REGISTRANT INFORMATION
The Registrant is Phoenix Interests, Inc. (the “Company”). The address of the Company’s principal executive office is One RiverPointe Plaza, Suite 706, Jeffersonville, IN 47131.
PART II. RULES 12B-25 (B) AND (C)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check appropriate box.)
[X] (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K, Form N-SAR or Form N-CSR, or portion thereof will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
[ ] (c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III. NARRATIVE
The Company’s Annual Report on Form 10-KSB for the year ended December 31, 2005, could not be filed within the prescribed period because the Company was unable to compile certain information required in order to permit the Company to file a timely and accurate report on the Company’s financial condition. This inability could not have been eliminated by the Company without unreasonable effort or expense.
PART IV. OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification:
James D. Tilton (502) 584-4434
(2) Have all other periodic reports required under section 13 or 15(d) of the Securities Exchange Act of 1934 or section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings to be included in the subject report or portion thereof?
[ ] Yes [X] No
PHOENIX INTERESTS, INC.
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
Dated: March 31, 2006 By: /s/ James D. Tilton James D. Tilton, President and CEO
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