Friday, February 24, 2017 8:52:53 AM
1. "Jasper" is the name of the company that once did VHUB's manufacturing, and that company is run by Mr. Li.
2. Jasper dropped out of doing VHUB's manufacturing for whatever reason, and VHUB hooked up with ijoy, and that turned out to be an unmitigated disaster when ijoy started producing VHUB's products for ijoy to claim as its own and to sell.
3. VHUB, as one might expect, got annoyed with ijoy, and ijoy stopped manufacturing anything for VHUB.
4. ...which left VHUB without a company to manufacture its products.
5. At that point, Mr. Li reentered the picture, this time under the banner of PLY (he is the registered agent of the LLC which is PLY's legal structure) and made an offer to acquire the "soul" of VHUB, namely its patents, leaving what would be remaining of VHUB with no proprietary products, nobody to manufacture those products even if they still had products,the $1,000,000 proceeds from PLY (to be offset by the net costs of wrapping up business), and whatever may come from the Magnavape litigation. Additionally, VHUB shareholders may see some money by shaking the trees of VHUB's directors and officers liability policy and VHUB's auditor's professional liability policy.
I fully agree that it's time to look at PLY's website, though you'll find nothing as regards investor relations as PLY is not a publicly traded company. As regards sending them an e-mail, I'm not quite sure what beyond "thank you for taking down a family-owned small business that had fatal moments of naivete in regard to always having a backup roster of suppliers" one could write them. Ironically, it might have been your wish for PLY to do the "reverse merger" thing with VHUB (ironic as that's how VHUB got started via doing a reverse merger into DogInn, and the first thing that happened was the pump and dump), so that you'd be getting/retaining VHUB shares of whatever value instead of minimal cash for your VHUB shares.
H-M, I value your talents in all of these complex matters a whole lot more than I value whatever talents I still have in my old age, so I feel that I've misconstrued your question or have left out or gotten wrong some key piece of the puzzle. Please first forgive me and then enlighten me.
One last item on my mind: as much as the crew on this board is ticked off at Kyle and friends/family and with more than sufficient reason to be so inclined, once upon a time in March 2014 at the height of the pump and dump, the 36 million insider shares were valued by the market at nearly $2 each, so the people you're all angry at haven't been untouched by all that's gone on. Maybe treat them to milk and cookies before you bring them before the firing squad.
Wishing you well, H-M, and wishing all good things to the rest of the crew here as well...
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