IJJ Corp (IJJP)

[Cassandra]

The reduction in IJJP authorized shares from 3 billion to 2.5 billion was processed by the Nevada SOS this morning (it was updated as of last night), The effective date is 3/20/15, 8 days after the PR was issued. For some reason Cliff Pope processed it as a "stock split" instead of an amendment to the Articles of Incorporation:

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=9pgLydhg%252fH%252fIkreBWtuxPA%253d%253d&CorpName=IJJ+CORPORATION

As you know, reduction in the AS doesn't change the O/S or the float and can always be increased.

If the number of shares outstanding as of 11/25/14 was actually over 1.95 billion as reflected in the Confidential Private Disclosure Memorandum (see screen shot below) and only 138,383,928 of the new shares to be issued from the Section 3(a)(10) court procedure have actually been sold into the float, it's possible that the current O/S could indeed be in the range of 2.1 billion.

As long as Pope refuses to provide the TA with permission to reveal the actual share structure numbers, it's impossible to know what they are.

There is good reason to believe Pope has not given accurate numbers due to the issue below. Pope has also given conflicting and widely varying numbers in years past.

As previously mentioned in the following post, the "Confidential Private Disclosure Memorandum" (which describes) the 3-tranche share issuances, uses of proceeds from selling the stock, sharing of potential/hypothetical income from the two farms that are supposedly going to be contsructed, tec.) shows that 10% of IJJP's OS was 195,418,216 which equates to about 1.954 billion shares.

Have you had a chance to ask Randall Goulding why he used that number to represent the IJJP O/S in that November 2014 legal document as discussed in this post? It would be odd for him to miscalculate such an important number which could result in the issuance of more than enough shares to make his wife and one of his sons affiliates of IJJP under SEC rules.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111877494



Link to the Confidential Private Disclosure Memorandum:
http://media.wix.com/ugd/c55eba_0348bf08196b4e938376fc96b1bfdd55.pdf

Backup link to the document I saved and uploaded when the original link was quickly disabled:
https://app.box.com/s/99fqspsilpfw054maheizew61fscjm8o

Original link (now disabled):
http://www.cannabisheadliners.com/images/PDF/4_disclosure_memorandum.pdf

More information:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110700838