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TOPIC: Pink shell for sale...

Pink shell for sale... 13 years 7 months ago #642

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[Selling info...]
EXGP now 0.075 x 0.08, up from sub .01 at 12/31/2003

On December 23, 2003, ExperTelligence, Inc. (the "Company"), a California corporation, issued 15,002,718 shares of the Company's restricted Common Stock, representing 75.0% of the class, to Douglas P. Martin in exchange for a cash payment of fifty thousand dollars ($50,000) made to the Company. The effect of this transaction was a change of control, where Mr. Martin now beneficially directly owns 75.0% of the voting securities of the Company.

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Pink shell for sale... 13 years 8 months ago #599

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[- SOLD -]
This shell has been sold.
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Pink shell for sale... 13 years 8 months ago #589

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[Pink shell for sale...]
Pink Shell for Sale
· Is listed on the pink sheets.
· Common Shares Authorized 20,000,000
· Preferred Shares Authorized 1,000,000
· Common shares issued (approx) as of 10/15/2003 5,000,000
· Preferred shares issued. zero
· Shareholders of Record (approx) as of 10/15/2003 1,000
· Assets (will be sold before shell sale) None
· Liabilities (will be settled upon sale of shell) None
· Has an $8 million (approximately) net operating loss carry-forward.
· Is behind in its reporting. The last 10-Q filed was 2001.
· Has no pending or threatened litigation.
· Expects to have all debt assigned by the debtors to a separate debtors’ trust prior to sale.

Terms:
· The company will sell all authorized but not issued common shares;
· $50,000 cash down;
· 10% of the existing NOL carry-forward when it is used by the buyer, with payment to be made to the debtor’s trust.

Email This email address is being protected from spambots. You need JavaScript enabled to view it. and I will forward your contact information to the shell owner.
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