9/26/2000 list update...
Added new shell, SafeTek International (OTCBB-SFKI).
I spoke with Kevin B. Halter, President and Director (469) 633-0100. He is also Chairman of Halter Capital Corporation, a consulting company specializing in reverse mergers. They "rescued" SFKI and acquired over 50% of the common stock for cleaning it up and getting the SEC filings current. There is $2.7mil in debts and 1.3mil redeemable preferred shares that still need to be cleaned up. He said not to expect any reverse mergers until this is cleaned up, probably after the first of the year (2001).
NOTE: Halter Capital Corporation has been involved with over 100 shell companies.
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FROM the 6/30/2000 10Q filed 8/10/2000:
-State the number of shares outstanding of each of the issuer's classes of common equity as of the latest practicable date: August 9, 2000 - 36,145,694 shares.
-Pursuant to a stock purchase agreement dated April 11, 2000, Halter Capital Corporation (Halter) acquired 18,434,303 shares of common stock of the Company, which was owned by the controlling stockholders prior to the purchase, and represents approximately 51% of the outstanding common shares. Concurrent with the stock purchase transaction described above, the existing officers and directors resigned and two new officers and directors were elected to replace them. The newly elected officers and directors hold a controlling interest in Halter. As of July 31, 2000, the Company ceased all operations at its location in Henderson, Nevada and moved its corporate address to the offices of Halter Capital Corporation in Frisco, Texas, a suburb of Dallas.
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Added new column in the Shell Lists for Exchange.
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