Bantek Inc (BANT)

[stervc]

cyberbullymouse, this is how I know...

I personally spoke to the lawyer (Randy Goulding) that created and filed that 3(a)(10) Exemption with the court. After speaking with him, I think he had good intentions, but the dilution would have been far to heavy in my opinion as I had explained to him, if the 3(a)(10) Exemption would have been executed.

The companies involved later learned of such huge potential dilution and all had agreed to peacefully move on from the 3(a)(10) Exemption as much was not communicated to all of the companies properly before the 3(a)(10) Exemption was filed with the court that led to much confusion after the 3(a)(10) Exemption was filed with the court. Some companies still got partially hit with some dilution (to include TWDL), but it was not as big as hit as it would have been if the 3(a)(10) Exemption would have been fully executed.

I also spoke to a few of the managements that were involved from different companies and I confirmed the confusion. From my understanding, I think it was communicated, but misunderstood regarding all the facts pertaining to the 3(a)(10) Exemption. It was a lesson learned by all I am sure.

v/r
Sterling