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HarryCaraysGhost (99.70)

An "investment" for TMFstockscams

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July 03, 2010 – Comments (2)

2 July 2010; market closed (The previous issue was broadcast on 6/17/10)
Preemptive Profit-Positioning (add to watch-list):Vendum Batteries, Inc. (VNDB): $0.75 X $0.75Vendum Batteries, a developer of “green” battery technologies, is emerging as a potential buy-target below the $1 per share level. The company is developing an innovative cellulose-based power source that may soon have advanced applications in consumer electronics, medical implants, automobiles, and aeronautical instruments.The Specialists in Business Information, SBI, estimates that the total U.S. battery market rose two percent over the 2006 level of $7.9 billion to $8.1 billion, and worldwide, personal battery use is a $63 billion dollar industry.Vendum’s revolutionary battery is entirely biodegradable, as it is primarily composed of cellulose and uses none of the toxic elements used in traditional batteries such as mercury, lead, chromium, and cadmium. The company’s groundbreaking nanotechnology can be described as a paper-thin sheet of cellulose infused with aligned carbon nanotubes that act as electricity conducting electrodes.Vendum Batteries is in the process of finalizing a long-term supply agreement with Thomas Swan & Co. Ltd. whereby Thomas Swan will provide Vendum with R&D and production quantities of carbon nanotubes at a preferential price in return for exclusivity of supply. Vendum just recently commenced public trading on the Over the Counter Bulletin Board – and the company is developing an emerging technology that has the potential to grab a share of the $63 billion global battery market.Now is the time to conduct your own due diligence on Vendum Batteries. You can view the company’s recent press releases and SEC filings at www.finance.yahoo.com under the symbol VNDB.OB. I am officially adding Vendum Batteries (VNDB) to our watch-list of preemptive profit-positioning candidates. Stand by for now.

This is from the fine folks at the Contrarion Press who have never failed at providing stock tips that eventually go to zero.

2 Comments – Post Your Own

#1) On July 03, 2010 at 11:19 AM, HarryCaraysGhost (99.70) wrote:

Entry into a Material Definitive Agreement, Creation of a Direct Financia


ITEM 1.01 Entry Into a Material Definitive Agreement

On May 18, 2010, we issued a convertible promissory note, in the principal amount of $25,000, to Murrayfield Limited (the "Note"). Murrayfield Limited is a shareholder of our company. The Note accrues interest at 12% per annum. Interest is first due September 3, 2011 and payable monthly thereafter. The Note, together with all accrued and unpaid interest, is due and payable by May 18, 2011. The Note is convertible into shares of our common stock at fair market value, determined by the lesser of our share price of our last private offering or the 30 day average of our trading stock.

The Note is filed as Exhibit 10.1 to this Current Report on Form 8-K, and reference is hereby made to such document for a more complete description of the terms thereof.

 



ITEM 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

The information contained in Item 1.01 is incorporated herein by reference.

 



ITEM 3.03 Material Modification of Rights of Security Holders

On May 18, 2010, the board and shareholder action for a 2.797928067116027 to one forward stock split of our currently issued and outstanding common stock was effective.

Prior to approval of the forward split the registrant had a total of 35,740,733 issued and outstanding shares of $0.001 par value common stock. On the effective date of the forward split, the registrant will have a total of 100,000,000 issued and outstanding shares of $0.001 par value common stock.

A copy of the Certificate of Change is attached hereto as Exhibit 3.1 and is incorporated by reference herein.

 



ITEM 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On May 17, 2010 our board of directors and majority shareholders approved an amendment to our articles of incorporation to change our name to "Vendum Batteries Inc." The amendment will be effective immediately.

A copy of the filed Amendment is attached hereto as Exhibit 3.2 and is incorporated by reference herein.

In connection with the name change and forward split, we have the following new CUSIP number and trading symbol:

New CUSIP Number: 922637 103
New Trading Symbol: VNDB

How is this even legal

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#2) On July 04, 2010 at 2:33 PM, djshagggyd (74.21) wrote:

hahaha... hilarious!

If they knew what was good for them, they'd name me as their new CPA!

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