Attached files

file filename
S-1/A - HDS INTERNATIONAL CORP. FORM S-1/A-1 (1/17/2013). - GOOD GAMING, INC.hdsis1a1-1142013.htm
EX-21.1 - LIST OF SUBSIDIARIES. - GOOD GAMING, INC.exh21-1.htm
EX-23.1 - CONSENT OF M&K CPAS, PLLC. - GOOD GAMING, INC.exh23-1.htm
EX-23.2 - CONSENT OF THE LAW OFFICE OF CONRAD C. LYSIAK, P.S. - GOOD GAMING, INC.exh23-2.htm
EX-99.1 - SUBSCRIPTION AGREEMENT. - GOOD GAMING, INC.exh99-1.htm
EXCEL - IDEA: XBRL DOCUMENT - GOOD GAMING, INC.Financial_Report.xls

Exhibit 5.1

THE LAW OFFICE OF CONRAD C. LYSIAK, P.S.
601 West First Avenue, Suite 903
Spokane, Washington 99201
(509) 624-1475
FAX: (509) 747-1770
EMAIL: cclysiak@lysiaklaw.com


January 16, 2013

HDS International Corp.
10 Dorrance Street, Suite 700
Providence, Rhode Island   02903

 
RE:
Form S-1 Registration Statement

Gentlemen:

Please be advised that, I have reached the following conclusions regarding the above offering of securities by HDS International Corp., a Nevada corporation (the “Company”).  In conjunction therewith I have examined the:

a.        The Company’s articles of incorporation and amendments thereto;
b.        The Company’s bylaws;
c.        The minutes of the board of directors;
d.        The minutes and consents of shareholders;
e.        All filings made with the Nevada Secretary of State;
f.         All filings made with the Securities and Exchange Commission; and
g.        Correspondence with Action Stock Transfer Corp., the Company’s stock transfer agent.

1. The Company is a duly and legally organized and existing Nevada state corporation, with its registered office located in Carson City, Nevada and its principal place of business located in Providence, Rhode Island. The Articles of Incorporation and corporate registration fees were submitted to the Nevada Secretary of State’s office and filed with the office on November 3, 2008. The Company’s existence and form is valid and legal pursuant to the laws of the State of Nevada.

2.  The Company is a fully and duly incorporated Nevada corporate entity. The Company has one class of Common Stock at this time and one class of Preferred Stock. Neither the Articles of Incorporation, Bylaws, and amendments thereto, nor subsequent resolutions change the non-assessable characteristics of the Company’s common shares of stock or preferred stock. The common stock and preferred stock previously issued by the Company is in legal form and in compliance with the laws of the State of Nevada, and when such stock was issued it was fully paid for and non-assessable. The common stock to be sold under this Form S-1 Registration Statement is likewise legal under the laws of the State of Nevada.


 
 

 


 

 
HDS International Corp.
 
RE:
Form S-1 Registration Statement
 
January 16, 2013
 
Page 2

3.  The Company is not a party to any legal proceedings nor are there any judgments against the Company, nor are there any actions or suits filed or threatened against it or its officers and directors, in their capacities as such, other than as set forth in the registration statement. I know of no disputes involving the Company and the Company has no claim, actions or inquires from any federal, state or other government agency, other than as set forth in the registration statement. I know of no claims against the Company or any reputed claims against it at this time, other than as set forth in the registration statement.

4. The Company’s outstanding shares are comprised of 377,203,075shares of common shares and 7,500,000 shares of Class A preferred stock.   Preferred stock has preference over common stock upon voluntary or involuntary liquidation.

5. The directors and officers of the Company are indemnified against all costs, expenses, judgments and liabilities, including attorney’s fees, reasonably incurred by or imposed upon them or any of them in connection with or resulting from any action, suit or proceedings, civil or general, in which the officer or director is or may be made a party by reason of his being or having been such a director or officer. This indemnification is not exclusive of other rights to which such director or officer may be entitled as a matter of law.

6. All tax benefits to be derived from the Company’s operations shall inure to the benefit of the Company. Shareholders will receive no tax benefits from their stock ownership, however, this must be reviewed in light of the Tax Reform Act of 1986.

7. By directors’ resolution, the Company has authorized the issuance of up to 50,000,000 shares of common stock.

The Company’s Articles of Incorporation presently provide the authority to the Company to issue 2,000,000,000 shares of common stock, $0.001 par value per share and 25,000,000 shares of preferred stock, $0.001 par value per share.  Therefore, the Board of Directors’ Resolution which authorized the issuance for sale of up to 50,000,000 shares of common stock was within the authority of the Company’s directors and the shares, when issued, will be validly issued, fully paid and non-assessable.

 
Yours truly,
 
 
 
The Law Office of Conrad C. Lysiak, P.S.
 
   
 
BY:
CONRAD C. LYSIAK
   
Conrad C. Lysiak