AOXY Stock Structure
By: Ga+Bard
Reply To: None
Sunday, 31 Oct 1999 at 9:35 AM EST
Post # of 760
AOXY STOCK STRUCTURE
As of June 30, 1999, there were 29,640,252 issued and
outstanding shares of the registrant's Common Stock, $.01
parvalue.
Insider and Institution:
Company/Individual # of Shares %
Robert E. Wolfe 50,000 shares 0.17%
Triton-International 375,000 shares 1.26%
Crossland, Ltd. (Belize) 6,312,500 shares 21.30%
Crossland, Ltd. 5,937,500 shares 20.03%
Coastal Oil, Ltd. 5,937,500 shares 20.03%
Eastern Star, Ltd. 5,937,500 shares 20.03%
That accounts for 24,550,000 so
(29,640,252 - 24,550,000 = 5,090,252)
Management has stated that the off shore holdings are in
firendly hands and the float is the difference which is
5,090,252. This has not changed in the time it has
been issued. The following is the disclosure on the
Investing Parties:
CLB is a Belize corporation, and has its principal place of business and
corporate office located at 60 Market Square, P.O. Box 364, Belize City, Belize,
Central America. The principal business of CLB invests in corporate securities
and real estate development projects. The President and Secretary of CLB is Mr.
Anthony J. R. Howorth. Mr. Howorth is a Bahamian citizen whose primary
occupation is President of Euro-Caribbean Ltd., and whose business address is
104b Saffrey Square, Nassau, Bahamas.
Coastal is a Belize corporation, and has its principal place of business
and corporate office located at 40 Santa Rita Road, Corazel, Belize, Central
America. The principal business of Coastal is investment in petroleum projects,
agricultural commodities, and corporate securities. The President of Coastal is
Dr. Margaret Noguera, who is a Belize citizen whose primary occupation is a
medical doctor, and whose business address is 40 Santa Rita Road, Corazel,
Belize, Central America.
Crossland is a Bahamas corporation, and has its principal place of business
and corporate office located at 104B Saffrey Square, Bank Lane and Bay Street,
Box N-1612, Nassau, Bahamas. The principal business of Crossland is investment
in corporate securities and project financing. The President and Vice President
of Crossland is L. H. Osterlolt. Mr. Osterlolt is a Bahamian citizen whose
primary occupation is director of Bahamas Company Services, Ltd., and whose
business address is 104B Saffrey Square, Nassau Bahamas.
Eastern is a Bahamas corporation, and has its principal place of business
and corporate office located at 104B Saffrey Square, Bank Lane and Bay Street,
Box N-1612, Nassau, Bahamas. The principal business of Eastern is investment in
corporate securities and real estate development projects. The President and
Vice President of Eastern is Robert A. Montgomery. Mr. Montgomery is a Bahamian
citizen whose primary occupation is corporate consulting, and whose business
address is 104B Saffrey Square, Nassau Bahamas.
Triton is a Bahamas corporation, and has its principal place of business
and corporate office located at Euro-Canadian House, Marlboro Street, Nassau,
Bahamas. The principal business of Triton is investment in corporate securities
and project financing . The executive officers of Triton are Sidney Morris,
President, and Jens S. Olsen is a Director. Mr. Morris is a
Bahamian citizen whose primary address is Eurocanadian House, Marlboro St,
Nassau Bahamas. Mr. Morris is a consultant. Mr. Olsen is a Danish citizen whose
primary occupation is corporate consulting, and whose business address is
Lunderskovvej 15, 6640, Lunderskov, Denmark
Wolfe is a U.S. citizen, whose business address is c/o Crossfield, Inc.,
230 Park Avenue, Suite 1000, New York, NY 10169, and whose primary occupation is
President of Crossfield, Inc., company providing strategic business consulting.
He is also the President of AOXY since the commons stock acquisitions reported
in this Statement.
During the past five years, none of the persons named in this Item 2 has
been convicted in a criminal proceeding or subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to federal or state securities laws, or finding any
violations with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Common stock of AOXY was purchased on December 18, 1997 by the following
persons pursuant to the Stock Acquisition Agreement (Exhibit A) and the Purchase
Agreement (Exhibit B) as follows:
# of Shares Price Paid How Paid
Wolfe 50,000 $645 cash
Triton 375,000 $4,687.50 cash
CLB 1,500,000 $15,000 cash
375,000 $4,687.50 cash
4,437,500 $44,375 services
Crossland 1,500,000 $15,000 cash
4,437,500 $44,375 services
Coastal 1,500,000 $15,000 cash
4,437,500 $44,375 services
Eastern 1,500,000 $15,000 cash
4,437,500 $44,375 services
--------- -------
Total 24,550,000 $247,500
No part of the purchase price was represented by funds borrowed or
otherwise obtained for the purpose of acquiring, holding, trading or voting such
securities. Services rendered consisted of introductions to a certain number of
potential acquisition candidates. |
