Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So far all they have done is answered complaint with agreeing with what transfer agent stated.
Where is new court filing. Not finding it
The missing facts are: when did Hubei Chuguan become a subsidiary of LDSR? What was the purchase agreement? What happened to LDSR during/after the 3-4 way merger deal back in 2008? Why has Elroy Fimrite been in China/Asia/Saudi Arabia ever since? Under a different company name doing the same thing? I believe there was 4 players LDSR was used in some fashion to make the deal happen then was shed because it had no more use. Down to 3 players. Hubei Chuguan being one of them. So technically and legally Hubei Chuguan is still a subsidiary of LDSR since the shares exist. But how did Kevin Hayes get control of LDSR to be able to sell it?
Kevin Hayes sold LDSR to Hybrid Titan Management in which William Alessi was the president/manager/director. Alessi signed over the company to Jason. Jason actually purchased the company from Hybrid Titan Management. How did Kevin Hayes acquire it?
Data443 is at this time always positioned for it.
I think every company prints shares. But. If I could borrow say 10 million. Have to pay back 10 times that. But turned that 10 million into a billion. I’m thinking I come out way ahead.
They are not partners for one. And 49% of nothing is nothing. But 49% of something is something. Personally I would love to own 49% of the first and only as of now legal marijuana related E-Commerce site.
It would appear that USMJ has the only E-commerce site and Data443 is their Hippa and government qualified customer privacy protection to me.
I’m talking about the mergers back in 2008. Nothing to do with Jason
They had to respond because they don’t know exactly what info the transfer agency is going to produce. At this point they want to know before anything gets put on record. The judge obviously knows this and wants this settled before it turns into a shit show. That’s why there is a conference scheduled and not an actual court appearance.
Think about this: It’s a pretty complicated case. Hubei is a subsidiary of LDSR. They were a subsidiary before LDSR tried to do a 3 or 4 way merger. So the 1.5 billion shares had something to do with these mergers that obviously fell through. It’s sounds to me like Hubei bailed and went on their own in China. Who knows? Definitely some fishy stuff went on back then. But in the end they possibly could end up owing LDSR money since LDSR was/is the parent company. I would imagine there is a lot of people involved and this would be in everyone’s best interest to shove this under a rug. I would see Hubei wanting to just release the 1.5 billion shares to Jason and releasing themselves entirely from LDSR. Unless of course they didn’t make any money back then and think they can make some off of Jason now. We all know that’s not the case at least on paper at this point. This is all my opinion of course.
They will make deal outside of the court room.
He has options no matter what.
Jason being a cofounder of Blockchain what was you question
Together we stand. Divided we fall. Simple.
You’re wrong once again. A trademark and a product in development stage only have an intangible value of what you have invested unless they have been sold. Then they have a tangible value of what they were for.
The biggest problem has been toxic investors. A company is only as good as its investors. That’s a fact. If this would have went up from .026. All would be very happy. But the rabid manipulation for accumulation and individual I scored more cheapies mentality drove the share price down forcing Jason to sell at lower and lower prices. How does this mentality profit anyone? Then you have the constant bashing. It’s comparable to fixing up a car with a lot of time money and effort then putting a sign up saying this car is a piece of crap. Then wonder why you are not going to make money off of it.
Notice that the lawsuit was filed after LDSR became a reporting company.
Hubei Chuguan is a subsidiary of LandStar. Chuguan never registered its shares because it was part of a three or four way merger deal with government funding. Chuguan obviously bailed on the deal and went on their own with the Chinese government. If they didn’t merge at the very least they forfeit their shares. If the judge reckonizes the merger who knows what’s going to happen. If Hubei Chuguan has made billions of dollars I would think Ldsr could get compensated. Holy Chit.
This keeps getting better: google ldsr petrochemical
Think about it: All he did was resurrect a failed company that other crooks were using to deliberately cheat people with. He’s pretty much gotter done.
The cards are on the table. Raise or fold. Lol
The investors alone have complete control of the outcome of this thing. A company is only as good as its investors. I’m in for uplisting. I’m buying more. Only choice at this point.
This isn’t bad news. Jason owns LDSR. Ldsr still resides at 1153 Whitaker road Raleigh N.C. He has been reclaiming it’s ownership. That’s why he is suing the transfer agency. He actually has this thing sitting very nicely. You don’t here shit from ol Elroy or Minnymar. He will definitely get back the 1.5 billion shares. Blue Citi is in so deep they have to continue to back him. This is actually all good. Lol. Wow. Risk Mitigation at its finest. And Data443 is in. Nothing anyone says can change that. Onto uplisting. Just keep buying and we’re all just fine.
From the filing of the suit itself. We know for sure that he IS the owner of Landstar inc. formed in Nevada. A Nevada Corporation. Now No Dummy has been on top of this for a long time but. I believe he has overlooked a few things. 1. Jason is using Ad Hoc the very same address used when incorporated. Surprisingly it is an old rubber related place. Now turned into office time for rent. Along with among other things a bar. Landstar was actually a subsidiary at one point before bankruptcy of the rubber company in 2002. Lots of stuff going on then. NoDummy says Minnymar some how had possession of the shell. I disagree. I don’t believe anyone had actual possession and believe more than one entity was calling it theirs at the same time. William Elessi being one of them. Minnymar being one and Elroy being another. Somewhere in there Syid was there also. I think Syid made a deal with Chuguan for shares nobody owned. I believe this company plus ticker symbol was simultaneously hijacked or the attempt there of. Totally because of its name.
Google. Elroy Fimrite Ldsr.
If they merged with them prior to bankruptcy they definitely would have been part of the bankruptcy and the shares should have been declared. Or they were given to them while the bankruptcy was taking place. As long as they we’re unregistered nobody would have caught it or worried about them anyway. In this instance it would have at least been contempt of court. If Ldsr was ordered to turn them over to Chuguan then this would be the only way I see Chuguan would have any sort of case. I guess we’ll find out.
Why would Jason sue them both in one instead of separately? I would have sued Chuguan first. I’m not sure why he even filed suit against the transfer agent. Unless he knows more of the story.
I would investigate transfer agents relationship with sayib. Seems obvious to me transfer agent contacted sayib.
Who would not register 1.5 billion shares unless something shady was going on. Now you throw this Sayib in the mix and the judge automatically knows something shady is going on. Should new unaware uninvolved ownership suffer in light of old shady actions. Of course not.
A conference is scheduled not a court date. The judge obviously has set time for them to settle out of court. Also in the petition it brings up value of the shares. In which the judge can rule on later. What would be a fair price for unregistered shares back then? What was the reason they were unregistered? When were they purchased? How were they purchased? Were they declared during bankruptcy if not. Why weren’t they declared? This will get settled. Probably later than sooner.
A company is only as good as its investors period. But let’s all do what rusty says and bid .0009. Make them come to you.
Now let’s say you walk into a financial institution and say we’re going to restructure this loan agreement. The lender is going to laugh at you. Until you say: or I’m going to file bankruptcy. Now you have their attention.
Let’s say. He can show 2 million income. Times 20 for a public traded company. That is maximum value of this company. Equals 40 million if he could sell. We have 13 million in financing. His Investors have driven the share price down to a pathetic level all the while he has produced progress. Let’s say he actually has 2 billion shares trading/ tradable at the moment. That comes out to be 3.4 million. He can borrow 50% of that. Which is outlandish to even assume. That is 1.7 million for ldsr to exist. But hey let’s get some cheaper shares and drive it down more. Does anyone on here get how this works? You do a reverse merger to raise capital for your private company to succeed. If the public company can’t raise capital the public company and private company get a divorce. It’s that simple. He is in total control of both companies. Does anyone on here get this? The investors here are a bunch of tards killing themselves plain and simple.
I don’t know why anyone would be expecting anything without his investors having his back.
News Report:: Ldsr’s investors cheered today as they obtained what they call cheapies. Unfortunately for Ldsr the constant manipulation for accumulation has far exceeded Ldsr’s financial positive stability and has no choice but to file chapter 11. But no worries for Data443 and ClassiDocs they will remain a viable and lucrative private company with zero debt because of lawsuits between the two companies. The investors stand back today with smiles and praises as they drove Ldsr into the ground (again). But little fear is shown because they will proudly wait 15 years for the courts to render judgment. All the while the share price is at .0001. With the end result being zero. Data443 is in. Nothing anyone says can change that. JIMO.
Let me see: manipulation for accumulation, you guys keep holding and driving the price down does what? I’ll tell you. It makes the private company Data443 protect itself from the public parent company LDSR. Who is LDSR? The investors are. Who is Data443? Jason is. Data443 will survive no matter what. Data443 is in. Nothing anyone says can change that. LDSR??? That would be up to its investors. The investors keep themselves alive. So who gains by bashing ? Definitely not LDSR and it’s investors. Now can you figure out why ClassiDocs isn’t being sold? Because it’s being protected.
Wth. Are you talking about. Nothing has changed. It’s been here for months.
Business health is getting your products to market. This would include development and expansion networking to build a customer base. This is what a start up does. You have to get the company rolling then revenue will come.
Now why in the world would a start up want to show revenue at tax time? Of course there is not going to be revenue. That would be stupid to show revenue when your new company is in development and expansion mode.