Act & Vote Here Against GAC Increasing The Shares
Post# of 18851
Posted On: 10/18/2014 11:59:15 PM
Act & Vote Here Against GAC Increasing The Shares !!
For This Use The SEC Email Complaint Form Here :
https://denebleo.sec.gov/TCRExternal/disclaimer.xhtml
1. At first page shown you click on “I Accept”.
2. Then at second page you click-on “Questioner” at top bar.
3. Then you reached the Questioner Filing Page where you At
“Please select the option that best describes your complaint”,
there on the left side line of round dots you select the one
dot on the complete downside and click-on where is written
“If your complaint does not fit in any of the categories above,
please describe below”.
4. Then in the rectangular Field in center described with
“ *REQUIRED Provide additional details about your complaint: “,
you copy the below „Explanation & Details of Complaints“ and
insert it, or if you like to modify or improve the provided
version your also free to do !
5. Thereafter are various other optional aspects you can use
as you like and at “What is the source of your information?“
you click on „SEC filings“.
6. At „Have you taken any action regarding your complaint?“,
you may select „Complained to firm“ or „None“ up-to you.
In case you selected „Complained to firm“, in the next Field
described with „Who did you contact and what action did you take?“,
you just describe your kind of Action and with Whom.
7. Now if you completed this Page you can click-on „Next“ to
complete the Complaint by providing your personal information‘s,
or if you have some Documents to add, you do it now and
click-on the „Next“ afterwards. FINISHED, COMPLAINTS DONE !!
.
.
EXPLANATION & DETAILS OF COMPLAINTS
( Against Company Registered In Nevada )
1. In The Matter of Green Automotive Company, see the below Links
of its SEC Registration :
https://www.sec.gov/cgi-bin/browse-edgar?comp...getcompany
sec.gov/cgi-bin/browse-edgar?company=&match=&filenum=000-54049&State=&Country=&SIC=&myowner=exclude&action=getcompany
( As following the Company is mentioned as GAC and its
CEO & Director Ian G. Hobday is mentioned as CEO. )
.
2. I Herewith File Proxy and Appeal and Vote Against GAC’s Act
To Increase The Authorized Common Shares From Now 0,9 Billion
To 2,5 Billion As Described By Its SEC 8-K Filing of September
2,/8, 2014 , see the below Links and Against the Reverse Split
as described at following Reasoning Point 3. A)) :
https://www.sec.gov/Archives/edgar/data/14976...090814.htm
sec.gov/Archives/edgar/data/1497632/000151597114000417/gacr8k090814.htm
( As following the above 8-K Filing is mentioned as SEC 8-K !
At September 2, 2014 the GAC Ticker: GACR was $ 0,0135 )
.
3. REASONING
A)) Below Passages from GAC CEO Email of September 16, 2014
to Investor Receiver and Witness : thegreatjuan1976@yahoo.com
.( At September 16, 2014 the GAC Ticker: GACR was $ 0,0084 )
Hi Juan,
Thanks for your email to GAC.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The capital structure which you’ll have looked at when you invested and probably concluded was a mess, and was something we inherited, we’re also trying tackle: There are 900,000 Pref A x 690 (current conversion factor) = 621,000,000 common shares (if they all converted today and at the same time). Add this to the 690,000,000 already issued, and the 200,000,000 reserved, and you reach 1.5bn shares - this is the minimum legal requirement for shares we need to have available. If the Pref A converts over time then the number required is higher, and this allows no room to use stock to continue to fund the business. The increase in Authorised will be reduced by a reverse split - but we can’t determine the “factor” until we’ve dealt with the Pref A.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Thanks
Ian
Ian G. Hobday
CEO & Director
ian@liberty-ecars.com
Sent from my iPhone
.
B )) Above at Point 3. A)) of September 16, 2014 by the Common
Share Price of $ 0,0084 we see the Conversion Factor of 690x
from A- Preferred Shares to Common Shares by CEO confirmed.
But now for examples as of October 10, 2014 we have the GACR
Common Share Price at $ 0,0039 , this accordingly result to the
Conversion Factor of 1,486x for the A- Preferred Shares converted
to Common Shares resulting to 1,337,538,461 Common Shares
for the A- Preferred Shares Part only plus Issued and Outstanding
Common Shares of 690,000,000 and it totally is 2,027,538,461
of Common Shares if Fully Diluted !
Authorized as of today is 1 Billion Common Shares only, by the
A- Preferred Shares including.
The CEO Shares handling and by its suspected Executive Enrichment
Scheme, is presently Sure in Illegal if not even Criminal Conditions !
It is for the SEC and possibly Courts to justify this very properly.
C)) The Situations as above described at the Points 3. A)) and B ))
could been easy solved, if the Cause of the Problem at A- Preferred
Shares get by the CEO and GAC Board been solved by A- Preferred
Shares getting a common 80x - 100x Decided Fix Conversion Factor,
because the Enrichment Scheme Variable Conversion Factor at the
A- Preferred Shares is The Only Problem !
D)) Additionally the CEO is not only Harming GAC, but also as
important any Investors by himself additionally also abusing GAC
for his Very Private Purposes, also by Ignorance & Arrogance
and Misleading GAC Information’s !
The Investors therefore in the Rights to request compensations.
The CEO by his attempts as by the SEC 8-K did now additionally
causing the Share Price to Fall as from $ 0,0135 to as of Oct.
10, 2014 GACR $ 0,0039 Only and also to consider is, that
during the Last 12 Months the CEO was doing only everything
possible to get the GACR Share from $ 0,42 Down to $ 0,0039
and this not only by Misleading Information’s but even up-to
None of Any Information’s or PRs and not showing The Results
As Promised. The legal “Safe Harbor” as by purpose misused to
Mislead Investors can therefore not been used for CEO protections !
E)) It is also to Assume, that the CEO does not produce 8-K
Filings as according of SEC Rules & Obligations he would be
obliged. All here above need also to be seen as in connection
with Complaints filed at Miami - SEC MIRO::~00414506~::MIRO !
.
For This Use The SEC Email Complaint Form Here :
https://denebleo.sec.gov/TCRExternal/disclaimer.xhtml
1. At first page shown you click on “I Accept”.
2. Then at second page you click-on “Questioner” at top bar.
3. Then you reached the Questioner Filing Page where you At
“Please select the option that best describes your complaint”,
there on the left side line of round dots you select the one
dot on the complete downside and click-on where is written
“If your complaint does not fit in any of the categories above,
please describe below”.
4. Then in the rectangular Field in center described with
“ *REQUIRED Provide additional details about your complaint: “,
you copy the below „Explanation & Details of Complaints“ and
insert it, or if you like to modify or improve the provided
version your also free to do !
5. Thereafter are various other optional aspects you can use
as you like and at “What is the source of your information?“
you click on „SEC filings“.
6. At „Have you taken any action regarding your complaint?“,
you may select „Complained to firm“ or „None“ up-to you.
In case you selected „Complained to firm“, in the next Field
described with „Who did you contact and what action did you take?“,
you just describe your kind of Action and with Whom.
7. Now if you completed this Page you can click-on „Next“ to
complete the Complaint by providing your personal information‘s,
or if you have some Documents to add, you do it now and
click-on the „Next“ afterwards. FINISHED, COMPLAINTS DONE !!
.
.
EXPLANATION & DETAILS OF COMPLAINTS
( Against Company Registered In Nevada )
1. In The Matter of Green Automotive Company, see the below Links
of its SEC Registration :
https://www.sec.gov/cgi-bin/browse-edgar?comp...getcompany
sec.gov/cgi-bin/browse-edgar?company=&match=&filenum=000-54049&State=&Country=&SIC=&myowner=exclude&action=getcompany
( As following the Company is mentioned as GAC and its
CEO & Director Ian G. Hobday is mentioned as CEO. )
.
2. I Herewith File Proxy and Appeal and Vote Against GAC’s Act
To Increase The Authorized Common Shares From Now 0,9 Billion
To 2,5 Billion As Described By Its SEC 8-K Filing of September
2,/8, 2014 , see the below Links and Against the Reverse Split
as described at following Reasoning Point 3. A)) :
https://www.sec.gov/Archives/edgar/data/14976...090814.htm
sec.gov/Archives/edgar/data/1497632/000151597114000417/gacr8k090814.htm
( As following the above 8-K Filing is mentioned as SEC 8-K !
At September 2, 2014 the GAC Ticker: GACR was $ 0,0135 )
.
3. REASONING
A)) Below Passages from GAC CEO Email of September 16, 2014
to Investor Receiver and Witness : thegreatjuan1976@yahoo.com
.( At September 16, 2014 the GAC Ticker: GACR was $ 0,0084 )
Hi Juan,
Thanks for your email to GAC.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The capital structure which you’ll have looked at when you invested and probably concluded was a mess, and was something we inherited, we’re also trying tackle: There are 900,000 Pref A x 690 (current conversion factor) = 621,000,000 common shares (if they all converted today and at the same time). Add this to the 690,000,000 already issued, and the 200,000,000 reserved, and you reach 1.5bn shares - this is the minimum legal requirement for shares we need to have available. If the Pref A converts over time then the number required is higher, and this allows no room to use stock to continue to fund the business. The increase in Authorised will be reduced by a reverse split - but we can’t determine the “factor” until we’ve dealt with the Pref A.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Thanks
Ian
Ian G. Hobday
CEO & Director
ian@liberty-ecars.com
Sent from my iPhone
.
B )) Above at Point 3. A)) of September 16, 2014 by the Common
Share Price of $ 0,0084 we see the Conversion Factor of 690x
from A- Preferred Shares to Common Shares by CEO confirmed.
But now for examples as of October 10, 2014 we have the GACR
Common Share Price at $ 0,0039 , this accordingly result to the
Conversion Factor of 1,486x for the A- Preferred Shares converted
to Common Shares resulting to 1,337,538,461 Common Shares
for the A- Preferred Shares Part only plus Issued and Outstanding
Common Shares of 690,000,000 and it totally is 2,027,538,461
of Common Shares if Fully Diluted !
Authorized as of today is 1 Billion Common Shares only, by the
A- Preferred Shares including.
The CEO Shares handling and by its suspected Executive Enrichment
Scheme, is presently Sure in Illegal if not even Criminal Conditions !
It is for the SEC and possibly Courts to justify this very properly.
C)) The Situations as above described at the Points 3. A)) and B ))
could been easy solved, if the Cause of the Problem at A- Preferred
Shares get by the CEO and GAC Board been solved by A- Preferred
Shares getting a common 80x - 100x Decided Fix Conversion Factor,
because the Enrichment Scheme Variable Conversion Factor at the
A- Preferred Shares is The Only Problem !
D)) Additionally the CEO is not only Harming GAC, but also as
important any Investors by himself additionally also abusing GAC
for his Very Private Purposes, also by Ignorance & Arrogance
and Misleading GAC Information’s !
The Investors therefore in the Rights to request compensations.
The CEO by his attempts as by the SEC 8-K did now additionally
causing the Share Price to Fall as from $ 0,0135 to as of Oct.
10, 2014 GACR $ 0,0039 Only and also to consider is, that
during the Last 12 Months the CEO was doing only everything
possible to get the GACR Share from $ 0,42 Down to $ 0,0039
and this not only by Misleading Information’s but even up-to
None of Any Information’s or PRs and not showing The Results
As Promised. The legal “Safe Harbor” as by purpose misused to
Mislead Investors can therefore not been used for CEO protections !
E)) It is also to Assume, that the CEO does not produce 8-K
Filings as according of SEC Rules & Obligations he would be
obliged. All here above need also to be seen as in connection
with Complaints filed at Miami - SEC MIRO::~00414506~::MIRO !
.
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