CCGI Achtung - Anstieg steht an... LEVEL 0,0001 - 500 Beiträge pro Seite

[KORG]

CCGI (COLLECTIBLE CONCEPTS GROUP) Achtung - Anstieg steht an... LEVEL 0,0001


NOTICE OF ACTION TO BE TAKEN PURSUANT THE WRITTEN CONSENT OF STOCKHOLDERS HOLDING A MAJORITY OF THE OUTSTANDING STOCK OF THE COMPANY IN LIEU OF A SPECIAL MEETING OF THE STOCKHOLDERS, DATED OCTOBER 4, 2006

To Our Stockholders:

NOTICE IS HEREBY GIVEN that the following action will be taken pursuant to a written consent of a majority of stockholders dated October 4, 2006, in lieu of a special meeting of the stockholders. Such action will be taken on or about *, 2006:

1. To Amend the Company's Certificate of Incorporation, as amended, to decrease the number of authorized shares of common stock, par value $.001 per share (the “Common Stock”), of the Company from 15,000,000,000 shares to 10,000,000,000 shares;

2. To Amend the Company's Certificate of Incorporation, as amended, to effect a reverse stock split of the Company’s issued and outstanding shares of Common Stock at the ratio of 100 for 1;

3. To ratify the selection of Russell Bedford Stephanou Mirchandani LLP as independent registered public accounting firm of the Company for the year ending February 28, 2007;

5. To adopt the Company’s 2006 Incentive Stock Plan.

OUTSTANDING SHARES AND VOTING RIGHTS

On September 15, 2006, the Company’s board of directors and shareholders holding a majority of the voting power of the Company approved certain resolutions, including an amendment to the Company’s Certificate of Incorporation to effect a 1 for 1,000 reverse stock split and to decrease the number of authorized shares of common stock from 15,000,000,000 to 1,500,000,000. On October 4, 2006, the Company’s board of directors and shareholders holding a majority of the voting power of the Company approved certain resolutions that amended and superceded those approved on September 15, 2006.

As of October 4, 2006, the Company's authorized capitalization consisted of 15,000,000,000 shares of Common Stock, of which 9,936,094.986 shares were issued and outstanding as of the Record Date. Holders of Common Stock of the Company have no preemptive rights to acquire or subscribe to any of the additional shares of Common Stock. As of the Record Date, the Company also had 800,000 shares of Series A convertible preferred stock issued and outstanding. Each share of Series A convertible preferred stock is entitled to voting rights equal to 9,000 times the number of shares of Series A convertible preferred stock held.

Each share of Common Stock entitles its holder to one vote on each matter submitted to the stockholders. However, as a result of the voting rights of the Series A convertible preferred stockholders who hold at least a majority of the voting rights of all outstanding shares of capital stock as of October 4, 2006, will have voted in favor of the foregoing proposals by resolution dated October 4, 2006; and having sufficient voting power to approve such proposals through their ownership of capital stock, no other stockholder consents will be solicited in connection with this Information Statement. Paul S. Lipschutz holds 750,000 shares of Series A convertible preferred stock and 87,881,896 shares of common stock, Jay Lipschutz holds 50,000 shares of Series A convertible preferred stock and 939,641 shares of common sotck; Marilyn Lipschutz holds 200,000 shares of Series A convertible preferred stock and 3,500,000 shares of common stock and Richard Epstein holds 930,150,000 shares of common stock. Combined, they hold 10,022,471,537 votes out of a total of 18,936,025,096 possible votes on each matter submitted to the stockholders. Paul S. Lipschutz, Jay Lipschutz, Marilyn Lipschutz and Richard Epstein are the shareholders who will have voted in favor of the foregoing proposals by resolution dated October 4, 2006.


http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fred…

WKN: 931532

[bakerfriend]

Man,du musst ja auf einer sauberen Stückzahl sitzen, die du nicht mehr losbekommst. Na ja, vielleicht kauf ich mir auch eine.

[marlene9374]

Antwort auf Beitrag Nr.: 24.442.373 von KORG am 06.10.06 15:46:25

Ich glaube Dein Abstieg steht an

[KORG]

Antwort auf Beitrag Nr.: 24.465.718 von marlene9374 am 07.10.06 13:54:58

.

[KORG]

Antwort auf Beitrag Nr.: 25.392.140 von KORG am 14.11.06 19:50:40

[KORG]

[KORG]