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Re: janice shell post# 25250

Thursday, 04/17/2014 9:54:34 AM

Thursday, April 17, 2014 9:54:34 AM

Post# of 42188
Janice, please pass along your thoughts regarding the paragraph below, which was copied from the April 8 8-K filing. Throughout the long drawn-out process of accomplishing a SHARE EXCHANGE BETWEEN KGET & GDTK the filings have always referred to the KGET shares as being "RESTRICTED." The April 8 8-K does the same. At the end of the quote from the 8-K, KGET clearly indicates the shares CANNOT be BOUGHT OR SOLD without being REGISTERED. Posters to this Board have purportedly sold some or all of the newly acquired KGET shares. Of course, BO FILED THE 8-K AFTER THE FACT! Reading the SEC Regs, it looks like equities that are determined to be EXEMPT FROM REGISTRATION must still be held for a MINIMUM OF 6 MONTHS. Based upon my DD, IMO...the 1.6 BILLION KGET SHARES used in the exchanged have been deemed RESTRICTED (WITH NO EXPLANATION) and appear to have NOT been REGISTERED. Thoughts?

FROM THE APRIL 8, 2014 KGET 8-K FILING...


Therefore, effective January 22, 2014, the Board of Directors approved the issuance of the shares of common stock and preferred stock to the Green Day Shareholders in accordance with the terms and provisions of the Share Exchange Agreement. The shares of common stock were issued at $0.001 per share. The shares of common stock were issued to the Green Day Shareholders in reliance on Section 4(2) promulgated under the United States Securities Act of 1933, as amended (the “Securities Act”). The securities have not been registered under the Securities Act or under any state securities laws and may not be offered or sold without registration with the United States Securities and Exchange Commission or an applicable exemption from the registration requirements.