Calvary:
Regarding your posts on the WAMM thread, #reply-5598543 and #reply-5598845. There are a number of problems with your theory.
1. If the company had issued shares in November of 1997 for a PP, then the increase in shares outstanding should have been noted on the 1st quarter 1998 10Q filed with the SEC.
2. There is no mention of any legal dispute regarding the authenticity or legality of any shares of the capital stock of the company mentioned in the 1st Quarter 10Q. Assuming for the sake of argument that an actual dispute exists, this would be a material event which should have been noted in the quarterly filing.
From the 1st Quarter 10Q:
ITEM 1. LEGAL PROCEEDINGS
None; not applicable.
ITEM 2. CHANGES IN SECURITIES
None; not applicable.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None; not applicable.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
None; not applicable.
ITEM 5. OTHER INFORMATION
None; not applicable.
sec.gov
On the other hand, why did the company's auditor resign at the exact same moment that these events were occurring.
Here is the company's story about the auditor's resignation as filed on December 12, 1997:
On December 5, 1997, Amazon Natural Treasures, Inc. (The Company) was informed that Mr. Darrell Schvaneveldt resigned as the company's auditor.
At no time has anyone from Mr. Schvaneveldt's office sent any correspondence concerning his impending resignation and we had no reason to believe that he had resigned.
sec.gov
And here is there revised story on December 17, 1997:
On December 5, 1997, Amazon Natural Treasures, Inc. (the "Company")was informed that on approximately November 3, 1997, Mr. Darrell Schvaneveldt ("Schvaneveldt") resigned as the Company's auditor. Prior to Schvaneveldt's resignation, the Company's board of directors had recommended a change in auditors.
sec.gov
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