Owner
Post by Franko10 ™ on Mar 16, 2005 21:22:07 GMT -5
Judge: Mr. Maheu, how do you defend your company's stance that you were not, and are not, required to file reports with the SEC over the last two years, especially in light of the company's admittance of a lack of oversight when it filed form 15 claiming less than 300 shareholders followed by the recent ammendment to form 15 claiming the company in fact had 698 shareholders?
Iron Bob: I would like to thank all of our fine shareholders for traveling to this great city today to support their fine company. To answer your question directly, the company had less than 300 shareholders of record when filing form 15 in 2003. However, we have learned, as submitted to the court today as exhibit A, there were in fact 400 shareholders that were/are holding counterfeit stock of our fine company. In light of this unfortunate situation, we felt it would be prudent to begin the filing process at this time so we may share this unsettling information with all shareholders. Now, thanks to your hospitality, and opportunity to address our shareholders on record, we would like to continue toward our goal of being a fully reporting company.
Now, let's proceed to exhibit B, shall we?
Post by kranker PB32
Iron Bob: I would like to thank all of our fine shareholders for traveling to this great city today to support their fine company. To answer your question directly, the company had less than 300 shareholders of record when filing form 15 in 2003. However, we have learned, as submitted to the court today as exhibit A, there were in fact 400 shareholders that were/are holding counterfeit stock of our fine company. In light of this unfortunate situation, we felt it would be prudent to begin the filing process at this time so we may share this unsettling information with all shareholders. Now, thanks to your hospitality, and opportunity to address our shareholders on record, we would like to continue toward our goal of being a fully reporting company.
Now, let's proceed to exhibit B, shall we?
Post by kranker PB32
