What you mean? ??????? ? The fun begins, investors
Post# of 45510
Posted On: 12/08/2013 10:23:35 AM
What you mean? ??????? ?
The fun begins, investors will be watching!!!! Wow, look in earlier filings, the steve agreement there till 2025, graystone, That is where steve got it, back when, the 90's ??
Prior to March 2005, the operations of the Company were conducted as a division of Graystone Park Enterprises, Inc., a Delaware company based in New York that publishes legal outlines and other directories under the trade name “LegalLines.” Steve Sambliss, who operated the Company’s business line, formed the Company and entered into an agreement with Graystone’s management to acquire its business in exchange for shares. We do not believe the transaction qualified as a spin-off, under provisions of Staff Accounting Bulletin No. 3, in that Steve Sambliss, who was a minority owner of Graystone, owned a majority of the Company immediately after the transaction.
The fun begins, investors will be watching!!!! Wow, look in earlier filings, the steve agreement there till 2025, graystone, That is where steve got it, back when, the 90's ??
Prior to March 2005, the operations of the Company were conducted as a division of Graystone Park Enterprises, Inc., a Delaware company based in New York that publishes legal outlines and other directories under the trade name “LegalLines.” Steve Sambliss, who operated the Company’s business line, formed the Company and entered into an agreement with Graystone’s management to acquire its business in exchange for shares. We do not believe the transaction qualified as a spin-off, under provisions of Staff Accounting Bulletin No. 3, in that Steve Sambliss, who was a minority owner of Graystone, owned a majority of the Company immediately after the transaction.
In 2006, Graystone effected a share dividend, and distributed its ownership position in the Company to its shareholders on a pro rata basis. As a result, we obtained approximately 165 new shareholders Graystone did not solicit or receive any cash or other consideration from its shareholders in connection with the share dividend.
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