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Re: None

Thursday, 05/26/2016 1:33:32 PM

Thursday, May 26, 2016 1:33:32 PM

Post# of 380539
Wowjustwow...this is just perfect of nanosux, just replace the names with the principal of nanosux and his brother...lmaorofpaotp

According to the complaint, in the second phase of his fraudulent scheme, between May 2012 and August 2015, Esposito, with Anthony Jay Pignatello of Manhattan Beach, California, next concealed his de facto control of Cannabiz and a large percentage of Cannabiz's securities in order to profit by evading SEC Rule 144, which limits securities sales by affiliates, such as control persons. Esposito did this by, among other things, installing James Gondolfe of Cambridge, Massachusetts, as the sole officer and director of Cannabiz--even though Esposito secretly controlled the company-to make false statements in Cannabiz's public filings and other documents, paying third-party stock promoters to tout Cannabiz stock in order to increase its stock price and trading volume, selling significant amounts of Cannabiz convertible debt to others for almost $304,000, and with Pignatello and Renee Galizio of Loxahatchee, Florida, selling millions of shares of Cannabiz stock directly into the public market.