CaliPharms Inc (KGET)

[rawman]

WHY DO YOU SUPPOSE BO LINTON SEEMS TO HIDE SPECIFIC DETAILS OF HIS "SPECIAL ARRANGEMENTS?" What needs to be hidden from the investors?
Here's a typical quote from the recently filed 10-Q:

From 10-Q dated August 19, 2014..."During the six month period ended June 30, 2014, we issued a further 25,300,000 shares of common stock to three individuals as follows: (i)25,000,000 shares at $0.000001 per share; (ii) 100,000 shares at $0.00001 per share; and (iii) 200,000 shares at $0.001 per share. The shares of common stock were issued to three U.S. residents in reliance on Section 4(2) and/or Regulation D promulgated under the Securities Act."

WHO RECEIVED THESE SHARES AND WHY?