Additionally, Long Fortune's shareholders will own about 95% of the issued and outstanding shares of BTHC
's common stock when the share exchange is completed, Long Fortune will be a wholly-owned subsidiary of BTHC
XV, all the officers and directors of Long Fortune will replace BTHC
XV's officers and directors and BTHC
XV will be Long Fortune's only line of business.
The company is quoted on the Over-The-Counter Bulletin Board under the symbol BTHC.OB.
As a result of the share exchange transaction, ISC's shareholders, including participants in its private offering, were issued 33,111,502 shares of BTHC's common stock in exchange for their shares of ISC.
Aldrich, chairman and co-founder of ISC, was appointed to the board of directors of BTHC and will serve as the chairman of the board.
Adams, co-founder and chief financial officer of ISC, were appointed as the chief executive officer and chief financial officer of BTHC, respectively.
Roberts, manuscript of speech , Roberts Papers, BTHC.
Roberts, Austin, 3 July, 1894, Roberts Papers, BTHC.
McKinney to Ballinger, June 4, 1864, Ballinger Papers (BTHC).
(40) Kirby Smith to Ballinger, June 27, 1864, Ballinger Papers (BTHC).
(41) Ballinger to Smith, June 30, 1864, Ballinger Papers (BTHC).
(45) Wooster, Texas and Texans, 107-8; Murrah to the People of Texas, July 19, 1864, Governor's Proclamations, Texas State Archives; Smith to Ballinger 15 July 1864, Ballinger Papers (BTHC); Joseph H.