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I don’t think you do. It’s pretty simple. You can go with Manuf Ali and Phoenix Groups current choice with their experience, savy, and support. Or you can go with that Destin guy who post on twitter’s exepriece, savy, and support.
Because Manuf Ali and the Phoenix Group are proactive, involved, supportive, consultative, experienced, and savvy. They know the rules, play between the lines, and do the right things. Oversight is Manuf’s and the Phoenix Group’s job. They select the CEO, provide the CEO with support and guidance, and to hold the CEO accountable. There are the authority shareholders, they have the ultimate say in how the company is run. The board of directors and Manuf Ali appoints the CEO and can remove him from office.
Wow. This shell is owned by Phoenix Group and their leadership. There is some huge movement taking place with their IPO and the M2 Platform they are partnered with now. Great leadership and the majority owners are totally legit. When will people catch onto the tailwinds here?
Filed from PRE 14C Friday, so it looks like they will merge now. They must through out the lawsuit.
Yes it was. Still looks strong in short and midterm.
This has moved nicely this weekend.
Nice!
Good to see the company moving along in their plan. I can’t wait to see the new board of directors, more info on the resulting company, and the audit info. Just keep delivering John Park.
.25 < x < .60 Is that what you mean?
On November 4, 2021, a lawsuit captioned CAMRON ELIZABETH v. MARK PALUMBO et al., Case No. CVPS2106116 was filed in the Superior Court of California, County of Riverside against the Company and certain of the former company’s (CannAssist International Corp.) executive officers (collectively, the “Defendants”). The Plaintiff and the former company (CannAssist International Corp.) entered into a Consulting Agreement dated November 20, 2020 (the “Consulting Agreement”), pursuant to which Plaintiff was engaged to provide certain sales and marketing services to that Company. As a condition of this Consulting Agreement, Plaintiff was paid a monthly fee and was granted restricted shares of the common stock of the former company that were subject to certain vesting conditions tied to Plaintiff’s service under the Consulting Agreement. The Consulting Agreement also contained provisions that enabled the former company to terminate the Consulting Agreement without cause after 10 days’ written notice. In September 2021, the former company exercised its right to terminate the Consulting Agreement because management of the former company at the time of termination was dissatisfied with the quality of Plaintiff’s services under the Consulting Agreement. Specifically, management of the former company at the time of termination received complaints from third parties that Plaintiff behaved inappropriately in meetings where Plaintiff made presentations to potential clients and vendors on behalf of the former company. In contrast, Plaintiff alleges, among other things, that the Defendants improperly misclassified Plaintiff as an independent contractor, that certain of the former company’s executive officers committed sexual harassment and defamation and that Defendants unlawfully terminated Plaintiff. A jury trial has been set for October 27, 2023. The Company believes it should not be a party to the lawsuit since the former company, including its operations, officers, employees, contractors, assets, and liabilities were all spun out as part of or as a result of the Spin Out Agreement dated July 23, 2021, and the Plaintiff never contracted with or was employed by the current Company. Accordingly, the Company has a motion to dismiss certain misclassification claims set for hearing on September 11, 2023. The Company believes that the lawsuit is without merit and intends to defend the lawsuit vigorously; however, there can be no assurance regarding the ultimate outcome of this lawsuit.
Other than as described above, we know of no other material, existing or pending legal proceedings against the Company, nor is it involved as a plaintiff in any material proceeding or pending litigation. Other than as described above, we know of no other proceedings in which our directors, officers or any affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.
From what I understand this is basically what the incoming company has been doing. And they are now merging it into the shell. When they sold the “technology” they only give them the technology license. This is the actual business that it’s been used with under the CEO. Like I said I think they was waiting on the legal issue. If you look at the dates everything matches that line of thinking. I paste the info on the lawsuit as well. https://www.investorwire.com/news-articles/electronic-servitor-publication-network-inc-xesp-is-reinventing-how-marketers-and-companies-digitally-connect-with-target-markets/
The lawsuit is something to to do with the old ceo and he is gone. Currently looking for info about company. https://twitter.com/xespninc
It looks like they were simply waiting on LEGAL PROCEEDINGS to finish since they already had made agreements on licensing the “technology”. The ceo is also the owner of the merging company. As far as the legals, they had a motion to dismiss certain misclassification claims set for hearing on September 11, 2023. They also have a jury trial that has been set for October 27, 2023 all based on the filings. Apparently they feel good or got good news seeing how they are moving ahead with the merger and hired Eric Swann. On September 29, 2023, the Company entered into a three-year Consulting Agreement with Laurence Eric Swann to perform business and financial consulting services, including business development, corporate strategies, market positioning, investor relations, and other related services. They are a Medtech company.
I don’t expect too much out of them either. They don’t really want to kill the stock. They just wanted to kill the momentum and lower the price some. It’s how the bashers generally work.
It’s not who you know it’s about taking profits and sleeping at night. Surely you was up 300-400% at one point. You been here as long as I can remember.
It’s just a waiting game now. Let’s see if they deliver. Everyone took profits and just kinda riding out the freebies. We will be here cheering when the news comes out.
Basher still on here making lies? Wow, those idiots, nobody is going sell you their free shares even if we probably got too many. There’s too much potential.
Just a pullback on profits. Jeez, I took some to bitcoins myself. We are good here imo.
Uh, if we can get in the .003’s convincingly then we are gucci.
Lol, let’s just say I ain’t no message board fool.
Bashers only bash good stocks or stocks that show the potential to move up. Bashers always bring up old news you’ve heard many times. Bashers post many times a day. They know it all! Bashers will lie to your face. They want to whisper in your ear, plant a seed of doubt and hope you’re not savy enough to research it yourself. You can’t verify their statements. They try to play on your lack of knowledge. THEY TRY TO GET TO YOU WHILE WAITING ON YOUR GAINS and make an ally out you. They just want to lower the price and get shares.
Nice explanation for the board. Thks.
I can’t believe you didn’t know. The acquisition form stated there is now only 4.5 million Preferred shares plus they would issue another 18 mill to the new company and those for a total of 22.5 mill. Then in the Def14c they amended it to them only having voting rights. I assumed thats why all the bashers came out since then imho. It’s huge.
That there is an classic example of backwards trading my friend.
It’s getting kinda late as far as getting in before the RM, so I agree. They are going to squeeze out as much as they can.
Man it looked like someone was about too or did lose their 11 million shares.
There is a lot of you good posters on here.
Shares keep getting thinner at good rate over the past month. Nice day so far.
You are correct it’s an obvious bashing angle. Not sure why they think we care? Like we have any control over who can buy or sell a stock. Lol.
Yeah pretty good stuff.
Wow, what a hypocrite.
I think this stock is severely undervalued at this point in the reverse merger. I believe there are several waiting for it to happen and for them to disclose more information about what all is being brought into the company. Do you have thoughts you want to share?
Just a heads up with the better and new bashers posting now. Keep in mind bashers don’t show up suddenly to bad stocks. Don’t forget they will lie right to your face. Here are some of the tactics I noticed over the weekend.
They are letting others help them learn about the stock.
They are using 10% fact 90% speculation.
They are using 2 or more aliases and working in packs to stimulate more discussion.
They ain’t starting with an all out bash of the stock. They are building softly.
They are only bashing until they think they have turned the momentum of your thoughts of someone or something. They are wanting doubt to carry the rest of their argument.
They are giving the appearance of being open minded.
Their goal is to limit the momentum of the run not kill the stock.
They are trying to kill the dream of profits, not the company or stock itself.
So now the newest and next rapidly appearing sharing of information that the bashers want us to worry about is who is buying, selling, and hedging the stock. Lol. Ok
Has this guy ever posted any credible information on other boards. I obviously see the picture bashing the new CEO over some personal civil cases without any actual substance to the picture of what happened. Also see comments that are in opposition of what has been filed in SEC documents.
Burn!!! How does that make you feel Roemp?
Now what? The ole poop and scoop angle using some civil court cases to attack and manipulate the image of the new company CEO. How much of this is even relevant to the new company or its operations other than a personal attack on the new ceo?
100% All my confidence comes from to date reliable Sec filings, transparency, some dd on John Park, and dd on the released information of the Sec filings. Let’s give credit where credit is due.
I should block for for harassment. I done told you in a nice way that you’re not worth my time arguing. What is that saying? There is no use arguing with an idiot because they will just bring you down to their level and beat you with experience. So again I will just kindly remind you that I feel confident that I am a far superior trader than you and won’t waste my time reading your “needy” attempts to engage me in and argue over why YOU think they are going public.