Again for the naysayers, who claim that Mr. Scott
Post# of 716
Again for the naysayers, who claim that Mr. Scott doesn't care about the PPS, check this out:
8K showing the "change of ownership of Shaka Shoes": http://biz.yahoo.com/e/110819/shkz.pk8-k.html
Item 5.01. Changes in Control of Registrant.
On January 31, 2011, James Scott (the "Buyer") entered into a series of Stock Purchase Agreements (the "SPAs") with (i) Steve Wilmarth, President, Director, and holder of 1,972,000 shares, (ii) Frank Platt, holder of 1,972,000 shares,  iii) Darin Parker, holder of 1,912,000 shares, and (iv) Zac Evans, holder of 26,000,000 (collectively the "Sellers"), representing approximately 57.3% of the outstanding common stock of Shaka Shoes, Inc., a Florida corporation (the "Company"). Through the SPAs, the Buyer agreed to purchase 1,972,000 shares of Mr. Wilmarth's common stock of the Company, 1,972,000 shares of Mr. Platt's common stock of the Company, 1,912,000 shares of Mr. Parker's common stock of the Company, and 26,000,000 shares of Mr. Evans' common stock of the Company.
At the closing of the SPA, the Buyer became the holder of an aggregate of 57.3% of the Company's outstanding shares of common stock, with Buyer holding approximately 31,856,000 shares . In addition, Mr. Wilmarth resigned as the sole officer and director of the Company and Mr. Scott was appointed as the sole officer and director of the Company. See Item 5.02 of this Current Report.
By my calculations, every tick of the PPS is +/- $3186.00 to Mr. Scott. Ummmm, yeah, I think the PPS matters to him....... Ironically, the chart seems to indicate the PPS at time of sale was somewhere between .005 and .01.....