InvestorsHub Logo
Followers 511
Posts 59406
Boards Moderated 4
Alias Born 12/21/2009

Re: loanranger post# 42855

Friday, 11/28/2014 8:29:01 PM

Friday, November 28, 2014 8:29:01 PM

Post# of 59584
You left off the most important part.....

You copy/pasted this:

On January 5, 2012, the Corporation had the majority controlling interest changed to the control of Emperial Americas, through the purchase of four sets of Series A Preferred Shares by Victory Partners, LLC. In a private sale, the four main holders of 60 Series A Preferred Shares, being Dennis R. Duffy (15 preferred shares) Janet Okerlund (15 preferred shares), Daniel Duffy (15 preferred shares) and Norman Francis (15 preferred shares). Additionally, Victory Partners received the rights to 1 billion common shares held by the same four individuals in the amount of 250 million shares each.



Huffman left this part out below when he represented VP in a FL court. It's from the same 8K you cited.

Such shares were purchased by Victory Partners, and thus controlling interest of the Company was passed while simultaneously, a share exchange agreement was entered into for simultaneous exchange of such preferred shares with Victory Partners, for a sum of $475,000.00 to be owed to Victory Partners from the Emperial Americas.

The Agreement with Victory Partners created a acquisition of assets being the controlling Series A Preferred shares of Team Nation Holdings, Corp. The exchange with Victory Partners for such shares with Emperial Americas created a direct exchange of shares for debt to Victory Partners which makes such matters an acquisition of Emperial Americas as the new public company.


http://www.sec.gov/Archives/edgar/data/1390891/000118518512000050/emperialamericas8k011012.htm

So VP exchanged the "valid" shares with Emperial Americas, huh?

So why did they claim and file affidavits saying VP owned them?

Hmmmmmmmmm