[SEC-SICD * CASE NO. 09-95-5149. September 3, 1998.]
JEANETTE D. TOLENTINO, complainant,vs.CRESER PRECISION SYSTEMS, INC.,and FRANCIS L. ROMUALDEZ, JR., respondents.
D E C I S I O N
For resolution of the Commission is the complaint for declaration of ownership of shares of stock and the nullification of all transactions involving Stock Certificates Nos. 88-01-015, 88-01-016 and 88-015-018 covering said shares of stock. Complainant further prays for the delivery of the present stock certificates covering the shares in question; for attorney's fees and the cost of the suit.
Complainant alleges that she was initially the owner of 8,800 shares of stock of CPSI and, subsequently, became the owner additionally of 20,000 shares by virtue of the order of this Commission dated May 13, 1988 approving CPSI's application for the increase of its authorized capital stock from 10 million to 20 million and exempting from registration the issuance of additional shares including the 20,000 shares being claimed by complainant as these were intended to merely offset advances made by the stockholders of records. Complainant claims that she held in...
