Ok - I got my shares...
7. SHARE ISSUANCE. AT intends to issue a total of 100,000,000 shares of Common Stock free to visitors to the Company's Web site on the Internet. The Company will issue ten (10) shares of Common Stock to each of the visitors who completes the registration process and up to an additional ninety (90) shares ON A FIRST COME, FIRST SERVED BASIS UNTIL THE SUM TOTAL OF 100,000,000 SHARES HAVE BEEN REGISTERED. In accordance with the laws of the Bahamas, the Company will utilize an electronic share registry the issuance of shares. NO STOCK CERTIFICATES WILL BE ISSUED. There is not presently, and has never been, a public market for any class of equity securities of the Company. This issue is not intended to result in or create a market in the shares of the Company. NO HOLDER RECEIVING THE COMPANY'S COMMON STOCK BY VIRTUE OF THIS ISSUE WILL BE PERMITTED TO TRANSFER SUCH COMMON STOCK UNTIL NINETY (90) DAYS AFTER SUCH TIME, IF ANY, THAT THE COMPANY REGISTERS THE SALE OF SECURITIES OR FILES A REGISTRATION STATEMENT RELATING TO ITS COMMON STOCK. If all 100,000,000 free shares are issued to visitors, the sum total will represent approximately 10% of the oustanding shares of the company.
I figured what the heck, those shares of SYQT I own are't worth anything either, and I had to pay for them.
Now, if the 2000 threaders on this site all get their 100 shares, that will be 20% of the 100k shares they are creating. After ninety days we can transfer it all to one account or person - we will create a single Virtual Investment Club for deposit and let the shares sit forever...
lastshadow |
