CNH HOLDINGS HISTORY FOR ALL TO READ. . .
THESE ARE SOME EXCERPTS FROM FREE EDGAR LISTINGS ON CNH HOLDINGS.
URL REFERENCE LOCATIONS FOLLOW INFO.
CAPITALIZED HEADINGS ARE ADDED FOR EASE OF USE.
AUGUST 9, 1996 FILING - CORPORATE HISTORY
CNH Holdings Company, a Nevada corporation, f/k/a Coral Companies, Inc., a Delaware corporation (the "Company"), was incorporated on April 15, 1987, under the name of I.S.B.C. Corp. During fiscal 1990, the Company formed two additional subsidiaries, Coral Telesystems, Inc ("CTI"), and Coral Pacific, Inc. ("Pacific"), both of which were Colorado corporations. Through fiscal 1991, the business of the Company was conducted solely through Coral Group, CTI and Pacific.
CORAL GROUP, CTI and PACIFIC [changed to CNH HOLDINGS] OUT OF BUSINESS FOR 6 YEARS
The Company's had no revenues, operating or otherwise, during the fiscal years ended March 31, 1996, March 31, 1995, March 31, 1994, March 31, 1993, March 31, 1992, or March 31, 1991
The executive offices of the Company are being provided free of charge by its attorney on a month-to-month basis. These offices are located at 4221 East Pontatoc Canyon Drive, Tucson, Arizona 85718. The telephone number at this address is (520) 577-6611.
[~~~NOTE: MOST RECENT EDGAR FILING SHOWS THIS ADDRESS AND DENVER ADDRESS, BOTH BELONGING TO ATTORNEY MARK PIERCE]
On May 31, 1996, the Company changed its name to CNH Holdings Company and its domicile to Nevada,
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CNH HOLDINGS EFFECTS A ONE-FOR-ONE-THOUSAND 1:1000 REVERSE SPLIT
On May 3, 1996, the Company effected a reverse one for one thousand (1:1,000) capital share split. Concurrently, the authorized capitalization of the Company was increased to 10,000,000 common
shares, $.001 par value per share, and 1,000,000 preferred shares . . . held of record by approximately 1,000 shareholders.
[NOT A MISPRINT. 1000 SHAREHOLDERS WERE PART OF 1:1000 REVERSE SPLIT]
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3.45 MILLION SHARES OUTSTANDING AS OF DECEMBER 11, 1997
3.03. Capitalization. CNH has an authorized capitalization consisting of 10,000,000 common shares, $.001 par value per share, and 1,000,000 preferred shares, $.01 par value per share. As of the Closing Date, 3,450,000 common and no preferred shares are issued and outstanding, all of which issued and outstanding shares are
fully paid and non assessable.
CNH HOLDINGS HAS RETAINED TWO CONSULTANTS. MR. PIERCE IS AN ATTORNEY AND PROVIDES THE CORPORATE ADDRESS:
CNH HOLDINGS COMPANY
c/o MARK S. PIERCE , Esq.
1999 Broadway, Ste. 3235
Denver, Colorado 80202
PHONE: (303) 292-2992
FAX: (303) 292-2882
Mr. Pierce is a consultant of registrant and has been granted an option to acquire up to 100,000 shares of common stock of registrant, all of which are being registered hereunder. These shares aggregate approximately 2.9% of the total number of shares outstanding under this class. Mr. Pierce presently owns
approximately 190,000 shares of Common Stock.
4. Compensation. Upon termination of this agreement, Client shall pay Consultant a fee in the amount of $4,000 per month. At the option of Consultant, Consultant may elect to take all or any portion of this amount in shares of the free trading common stock of Client.
CHARLES STIDHAM - CONTRACTED FOR "FINANCIAL RESTRUCTURING"
4. Compensation. Upon termination of this agreement, Client shall pay to Consultant a fee of $2,500 per month, or, in lieu thereof and at the option of Consultant, grant Consultant an option to acquire up to 450,000 shares of common stock of Client.
CNH HOLDINGS BOUGHT A BAR FOR 250,000 RESTRICTED SHARES AND AGREED TO INVEST A HUNDRED GRAND IN IT.
Item 1. Change in Control of Registrant.
On December 9, 1997, CNH Holdings Company, a Nevada corporation (the Company), entered into a reorganization Agreement (the Reorganization Agreement) with GNC Corporation, a Nevada corporation (GNC) and the sole shareholder of GNC, that being DRC, Inc., a Nevada corporation (DRC), pursuant to which the Company acquired all of the outstanding proprietary interest of GNC in a share for share exchange which resulted in GNC becoming a wholly owned subsidiary of the Company and DRC acquiring control of the Company through its share ownership. DRC now owns 2,500,000 shares of the common shares
of the Company.
GNC owns and operates a restaurant and bar in Las Vegas, Nevada, known as Tune Town, which also has approximately fifteen slot machines.
(ii) covenanted to invest $100,000 into the business of GNC within 20 days after the Closing Date and (iii) appointed Mr. Gerald Cuomo as President of CNH.
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PAUL M. LIONTI IS C.E.O./ C. F. O. AND TREASURER OF CNH HOLDINGS
.
WE MAY NOT KNOW WHERE THEY ARE HEADED BUT FREE EDGAR PAINTS A GOOD PICTURE OF WHERE THEY ARE FROM. 30 QUARTERLY FILINGS COMPLETED OVER THE SUMMER OF 1996 SHOW WHAT CNHH HAS BEEN DOING THE PAST 7 1/2 YEARS. VIRTUALLY NOTHING. IS THE PAST ANY INDICATION OF WHAT LIES IN CNHH'S FUTURE? TIME WILL TELL.
I'M SURE GLAD I WASN'T ONE OF THE 1000 STOCKHOLDERS ON THE SHORT END OF THAT 1 FOR 1000 REVERSE SPLIT.
"Ahoy mates",
Rande Is
.
~~~NOTE: This info is for research purposes only and is not intended as a recommendation to buy or sell this or any stock anywhere in the universe at any time. DO YOUR OWN RESEARCH. Opinions are my own and I presently hold no position in CNHH as of this writing. Penny stocks are high risk investments. It is not advisable for one to invest more than one can afford to lose. |
