Maybe MY Post from 3 1/2 Years AGO will Help?
ANY DD would have shown Anyone, JB NEVER EVEN PAID for CXAC's Company Registration Statement.
BikerBob Wednesday, 08/10/11 10:55:40 AM
Re: gmjones99 post# 52097
Post # of 53159
I would think any productive Legal Advise would be based on current facts and conditions relating to the matters at hand.
But that's me. LOL
JB did state he was paying for Legal Advise concerning the DTCC issues. "We're working on it."
He also stated the Legal Advise was coming from the firms past experiences with other firms with the same type of problems.
Yes, He just walked away. Probably ran away.
But that's what CEO's do when the ATM is empty.
His attempt to get paid without using the ATM, the Wrap-Around Agreement did not work out so well.
After any Legal Advise had to show, atleast what is available on the DTCC website. ie: Complete Re-organiztion will be needed.
ie: 10K and 10Q will be needed to be filed.
ie: AUDITTED FINS will be needed.
ie: A BUSINESS PLAN will be needed.
He hasn't even paid for CXAC's Registration Statement yet.
STEP #1. Why No Payment? No Money.
But why pay to even Register if you know, through Legal Advise, that you'll never be able to trade it anyway?
If CXAC can't Trade, he can't sell more shares. Thus the ATM will remain empty.
Sorry for all the Stuckholders here.
JB HAS BEEN BARRED FROM OPERATING any PENNY STOCK COMPANY.
