OK Item 4 shows - the % common that are owned by i
Post# of 75368
Posted On: 05/26/2016 1:11:44 PM
Re: adirondackhi #21434
OK Item 4 shows - the % common that are owned by insiders
Make note of Jerry's stake
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(2) Total for Jerry Grisaffi includes 9,950,000 shares of Common Stock, and 1,000,000 shares of Series A Preferred Stock, which are convertible to 100,000,000 shares of Common Stock. Mr. Grisaffi’s Series A Preferred Stock is entitled to cast 400,000,000 votes on all matters submitted to a vote of our shareholders. Mr. Grisaffi’s total voting power is thus 409,950,000 votes, or approximately 83% of the outstanding shares of Common Stock as of March 21, 2016.
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Item 4. Security Ownership of Certain Beneficial Owners and Management.
The following table sets forth, as of March 21, 2016, the beneficial ownership of the Company’s capital stock by each executive officer and director, by each person known to beneficially own more than 5% of the our common stock and by the executive officers and directors as a group. Except as otherwise indicated, all shares are owned directly and the percentage shown is based on 496,851,504 shares of common stock issued and outstanding.
Title of Class Name of Beneficial Owner Amount of Beneficial Ownership Percent of Class
Common
Michael Welch
Chief Executive Officer and Chief Financial Officer
10626 Cox Lane
Dallas, TX 75229
2,400,000
(1) 1.96%
Common
Charles Smith
Chief Operating Officer and Director
479 Medina Drive
Highland Village, TX 75077
700,000
(1) 0.01%
Common
David Seeberger
Vice President/Legal
1252 N. Selva
Dallas, TX 75218
8,145,000
(1) 2.85%
Common
Jerry Grisaffi
Founder/Secretary/Chairman of the Board
1115 Shores Blvd.
Rockwall, TX 75087
109,950,000 (2) 6.65%
Common
Winton Morrison
Director
277 Driftwood Rd., SE
St. Petersburg, FL 33705
1,375,000
(1) 0.01%
Common Total All Executive Officers and Directors – Fully Diluted Common Stock
122,570,000
24.67%
Common
Other 5% Shareholders
Roy J. Meadows
207 Jasmine Lane
Longwood, FL 32779
26,000,000 (3) 5.23%
Series A Preferred
Jerry Grisaffi
Founder/Secretary/Chairman of the Board, Director
1,000,000 (2) 100.00%
Series C Preferred Roy J. Meadows 1,107,607 (3) 100.00%
(1) Represents common stock ownership for each officer and/or director.
(2) Total for Jerry Grisaffi includes 9,950,000 shares of Common Stock, and 1,000,000 shares of Series A Preferred Stock, which are convertible to 100,000,000 shares of Common Stock. Mr. Grisaffi’s Series A Preferred Stock is entitled to cast 400,000,000 votes on all matters submitted to a vote of our shareholders. Mr. Grisaffi’s total voting power is thus 409,950,000 votes, or approximately 83% of the outstanding shares of Common Stock as of March 21, 2016.
(3) The Company has filed legal proceedings against Roy Meadows and his daughter Donna Rayburn. See Legal Proceedings.
Make note of Jerry's stake
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(2) Total for Jerry Grisaffi includes 9,950,000 shares of Common Stock, and 1,000,000 shares of Series A Preferred Stock, which are convertible to 100,000,000 shares of Common Stock. Mr. Grisaffi’s Series A Preferred Stock is entitled to cast 400,000,000 votes on all matters submitted to a vote of our shareholders. Mr. Grisaffi’s total voting power is thus 409,950,000 votes, or approximately 83% of the outstanding shares of Common Stock as of March 21, 2016.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Item 4. Security Ownership of Certain Beneficial Owners and Management.
The following table sets forth, as of March 21, 2016, the beneficial ownership of the Company’s capital stock by each executive officer and director, by each person known to beneficially own more than 5% of the our common stock and by the executive officers and directors as a group. Except as otherwise indicated, all shares are owned directly and the percentage shown is based on 496,851,504 shares of common stock issued and outstanding.
Title of Class Name of Beneficial Owner Amount of Beneficial Ownership Percent of Class
Common
Michael Welch
Chief Executive Officer and Chief Financial Officer
10626 Cox Lane
Dallas, TX 75229
2,400,000
(1) 1.96%
Common
Charles Smith
Chief Operating Officer and Director
479 Medina Drive
Highland Village, TX 75077
700,000
(1) 0.01%
Common
David Seeberger
Vice President/Legal
1252 N. Selva
Dallas, TX 75218
8,145,000
(1) 2.85%
Common
Jerry Grisaffi
Founder/Secretary/Chairman of the Board
1115 Shores Blvd.
Rockwall, TX 75087
109,950,000 (2) 6.65%
Common
Winton Morrison
Director
277 Driftwood Rd., SE
St. Petersburg, FL 33705
1,375,000
(1) 0.01%
Common Total All Executive Officers and Directors – Fully Diluted Common Stock
122,570,000
24.67%
Common
Other 5% Shareholders
Roy J. Meadows
207 Jasmine Lane
Longwood, FL 32779
26,000,000 (3) 5.23%
Series A Preferred
Jerry Grisaffi
Founder/Secretary/Chairman of the Board, Director
1,000,000 (2) 100.00%
Series C Preferred Roy J. Meadows 1,107,607 (3) 100.00%
(1) Represents common stock ownership for each officer and/or director.
(2) Total for Jerry Grisaffi includes 9,950,000 shares of Common Stock, and 1,000,000 shares of Series A Preferred Stock, which are convertible to 100,000,000 shares of Common Stock. Mr. Grisaffi’s Series A Preferred Stock is entitled to cast 400,000,000 votes on all matters submitted to a vote of our shareholders. Mr. Grisaffi’s total voting power is thus 409,950,000 votes, or approximately 83% of the outstanding shares of Common Stock as of March 21, 2016.
(3) The Company has filed legal proceedings against Roy Meadows and his daughter Donna Rayburn. See Legal Proceedings.
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