posted
It's about time! I was getting tired of seeing red in my account...
'We are actively negotiating with KPMG International and Price Waterhouse Coopers to handle all future Security and Exchange Commission filings and reporting. Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals."
posted
Although, i think there will be profit taking... as we have seen with every single PR put out by the company lately... you guys thing we're gonna run EOD or go red...
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven
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posted
I googled "nevada stock certificate rules" or something like that and found some legislation. Here's a copy and paste from http://www.leg.state.nv.us/NRS/NRS-078.html#NRS078Sec235 (It sounds like companies in NV are required to provide certs (which is good) but then it also sounds like companies are authorized to issue "uncertified shares" and that gets a little conufusing to me):
1. Except as otherwise provided in subsection 4, every stockholder is entitled to have a certificate, signed by officers or agents designated by the corporation for the purpose, certifying the number of shares owned by him in the corporation.
2. Whenever any certificate is countersigned or otherwise authenticated by a transfer agent or transfer clerk, and by a registrar, then a facsimile of the signatures of the officers or agents, the transfer agent or transfer clerk or the registrar of the corporation may be printed or lithographed upon the certificate in lieu of the actual signatures. If a corporation uses facsimile signatures of its officers and agents on its stock certificates, it cannot act as registrar of its own stock, but its transfer agent and registrar may be identical if the institution acting in those dual capacities countersigns or otherwise authenticates any stock certificates in both capacities.
3. If any officer or officers who have signed, or whose facsimile signature or signatures have been used on, any certificate or certificates for stock cease to be an officer or officers of the corporation, whether because of death, resignation or other reason, before the certificate or certificates have been delivered by the corporation, the certificate or certificates may nevertheless be adopted by the corporation and be issued and delivered as though the person or persons who signed the certificate or certificates, or whose facsimile signature or signatures have been used thereon, had not ceased to be an officer or officers of the corporation.
4. Unless otherwise provided in the articles of incorporation or bylaws, the board of directors may authorize the issuance of uncertificated shares of some or all of the shares of any or all of its classes or series. The issuance of uncertificated shares has no effect on existing certificates for shares until surrendered to the corporation, or on the respective rights and obligations of the stockholders. Unless otherwise provided by a specific statute, the rights and obligations of stockholders are identical whether or not their shares of stock are represented by certificates.
5. Within a reasonable time after the issuance or transfer of shares without certificates, the corporation shall send the stockholder a written statement containing the information required on the certificates pursuant to subsection 1. At least annually thereafter, the corporation shall provide to its stockholders of record, a written statement confirming the information contained in the informational statement previously sent pursuant to this subsection.
6. Unless otherwise provided in the articles of incorporation or bylaws, a corporation may issue a new certificate of stock or, if authorized by the board of directors pursuant to subsection 4, uncertificated shares in place of a certificate previously issued by it and alleged to have been lost, stolen or destroyed. A corporation may require an owner or legal representative of an owner of a lost, stolen or destroyed certificate to give the corporation a bond or other security sufficient to indemnify it against any claim that may be made against it for the alleged loss, theft or destruction of a certificate, or the issuance of a new certificate or uncertificated shares.
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posted
FYI, Protect your investment... remember that they are STILL not done purchasing the shares in the open market so they will pull it down so the Big purchases can go through...
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven
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posted
So we have been trading around 30 million shares everyday this week. So how much of the float has been swapped? Oh Yeah, there is no float!!
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posted
They are trying to pull it back now. Looks like it isn't as easy now that we know Price Waterhouse is comingin. By the Way, Price Waterhouse is what you would call a HEAVY WEIGHT. They are the ones that keep the Academy Award Ballots....lol.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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