$MEGH Consolidates N Drops First Filings in Preparation for R/M
$MEGH which consolidated today dropped its first filings near end of day in preparation for the upcoming R/M that SCC will be incorporating into the Custodian.
www.sos.state.c...iz/ViewImage.do?masterFile...
The Authorized was increased to 500Mil to make way for the upcoming company which is standard during R/M's and much much better than a R/S.
What's interesting is the size of the increases suggesting a company of approximate proportions maybe coming into the shell. The O/S and Float remains small and is sufficient enough to move the stock up great lengths.
Preferred shares were also issued supposedly to be given to the incoming directors of the company.
PT: of $1.50-$3 Still in play
www.sos.state.c...iz/ViewImage.do?masterFile...
The Authorized was increased to 500Mil to make way for the upcoming company which is standard during R/M's and much much better than a R/S.
What's interesting is the size of the increases suggesting a company of approximate proportions maybe coming into the shell. The O/S and Float remains small and is sufficient enough to move the stock up great lengths.
Preferred shares were also issued supposedly to be given to the incoming directors of the company.
PT: of $1.50-$3 Still in play
