"In May 2013, we (AEGY) entered into a marketing a
Post# of 36728
Posted On: 11/13/2013 4:30:52 PM
"In May 2013, we (AEGY) entered into a marketing agreement with SK3 Group, Inc. (OTC Pink SKTO) and issued 100 million shares of our common stock, valued at $30,000 to SKTO under this agreement. SKTO intends to distribute these shares to its shareholders as a dividend, and we (AEGY) have agreed to register the shares for this distribution as soon as our financial statements have been audited for the year ended July 31, 2013 and this Annual Report on Form 10-K has been filed."
In other words, that share registration begins now -- followed by SK merger, new CUSIP and name.
Benz: "The short answer is the CUSIP change will happen as part of the merger and name change. There are many steps to get through the process but the final one is: FINRA Notice to the Broker Community of the Merger, a reverse in the new CUSIP number. Effectively, we will look to have this (i.e., new CUSIP and name) done at the same time as the merger and the AEGY dividend distribution." (Sept conf call)
In other words, that share registration begins now -- followed by SK merger, new CUSIP and name.
Benz: "The short answer is the CUSIP change will happen as part of the merger and name change. There are many steps to get through the process but the final one is: FINRA Notice to the Broker Community of the Merger, a reverse in the new CUSIP number. Effectively, we will look to have this (i.e., new CUSIP and name) done at the same time as the merger and the AEGY dividend distribution." (Sept conf call)
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