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Time for the BOOM. IJJP
Thanks Carlson. This is a group brainstorming idea looking for input from most all.
Way to stay persistent Carlson. Let's get our act together here and find out what has been happening for the past few weeks of silence. IJJP
Can someone post the final L2?
Anybody checked in with the TA lately? Tried emailing twice now with no response.
.0001 is the bottom if we don't get some kind of freaking communication!!!
Typical straight to answering machine on a phone call...
They are booming right now! We are well past overdue for our turn!!! IJJP
Our partner:
$ALGA ACQUISITION news, this is Awesome
DALLAS, April 29, 2015 /PRNewswire/ -- Algae International Group, Inc. (ALGA), through its operating subsidiary American Seed & Oil Company, today announced the DuBe Hemp Energy Shot available for purchase online. The DuBe Hemp Energy Shot is now offered on line with a host of additional healthy hemp foods and 100% organic hemp skin care products.
Visit: HEALTHY HEMP DELECTEBLES on the American Seed & Oil website.
American Seed & Oil Company’s overall mission is to create a variety of market competitive, environmental conscious, consumer and commercial products utilizing various forms of cannabis. In the advance of that mission, the Company has recently announced the DuBe Hemp Energy Shot, Hippie Butter Hemp Seed Foods, the EpiVape, and Hempster Clothing.
American Seed & Oil Company has already introduced the DuBe Hemp Energy Shot into a retail distribution pilot program and is now adding DuBe to the line of Hippie Butter products already available online.
Separate from the DuBe Hemp Energy Shot, American Seed & Oil Company has been working with an existing Health Beverage company to develop additional hemp infused beverages. American Seed & Oil Company is now in negotiations to potentially acquire the Health Beverage company, consolidate the company’s existing sales and expand those sales with the introduction of healthy, hemp infused beverages. While the initial beverages will be infused with hemp, to include CBD, which is legal in all fifty states, the infusion of THC from Cannabis is planned for when and where laws permit.
About The DuBe Hemp Energy Shot
The DuBe Hemp Energy Shot is a berry flavored all natural, zero calorie, sugar free, gluten free, GMO free energy shot infused with Hemp Pro 70 Protein Powder providing smooth energy for hours. A DuBe CBD Energy Shot is coming soon.
DuBe Hemp Energy Shot Products are made with the highest quality ingredients, and product integrity. They are herbicide and pesticide free, peanut-free, vegetarian approved, kosher certified, THC-free (NO THC, 100% Legal), and tryspin inhibitor free.
Products containing Hemp are considered to be high in nutritional value, and to contain a variety of essential amino acids. The human body cannot naturally produce all necessary amino acids and those that cannot be produced must be obtained through diet. Hemp seeds and oils can be an excellent source of such essential fatty acids with concentrations considered higher than flaxseed and other nut or seed oils. Hemp seeds and oils also have high levels of Vitamin E and trace Minerals in addition to containing high amounts of protein that strengthen the immune system.
Benefits of a Hemp infused diet can include:
· Lower blood cholesterol levels
· Lower blood pressure
· Improved cardiovascular circulation and function
· Improved organ function
· Improved immunity levels
· Increased energy levels and metabolic rate
· Reduced symptoms of PMS and menstrual cramps
· Reduced inflammation and the symptoms of arthritis
· Improved recovery of muscles after exercise
· Reduction & Treatment of dry skin and hair conditions
Look for more information on the Company's developing cannabis infused product line to be published on the Company website in the near future: www.americanseedandoil.com.
To learn more about the DuBe Hemp Energy Shot, visit: www.dube-elevates.com.
About Algae International Group, Inc.
Algae International Group, Inc. (ALGA) (Name Change Pending) through its operating subsidiary American Seed & Oil Company, Inc., has been founded around the core belief that cannabis makes people's lives better. Cannabis can fight disease, improve wellness and do so in an environmentally sustainable manner. American Seed & Oil is dedicated to finding the best possible applications for cannabis to serve consumers. For more information please visit www.americanseedandoil.com
Follow the company on Twitter: http://twitter.com/US_HEMP
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
CONTACT:
Mike Murphree
Phone: +1-972-528-0162
Email: mike.murphree@americanseedandoil.com
http://www.americanseedandoil.com/news/2015/4/28/american-seed-oil-companys-dube-hemp-energy-shot-now-available-online
You know news is coming! Not just any news BIG NEWS! This thing is not going any lower and is there to stay until such news. The question is are you going to be aboard for your guaranteed gains or chase the pack? IJJP
Not here to report on the potatoes! Waiting on that meat!!! IJJP
This whole deal is like a fend your castle type game. The bottom line is we know what we got and you want it. haha The only thing left in this ship are a whole bunch of longs not budging and when the news the crowd has been waiting for hits, and trust me it will hit, we are departing to a different galaxy. BYE IJJP
$$$IJJP$$$
POPE IS GOING TO DELIVER! AND IT'S GOING TO BE BIG!!!!
In it to win it. IJJP
Gee I wonder if there will be lots of shorting today or not?
Another stab at releasing the feds from overseeing marijuana:
http://hemp.org/news/node/5193
Have we spoken to him lately? Anything to report?
Big plans being carried out and yes they do take time. Everything that has been promised has come to fruition with big news on the cusp. This is a buy and hold! The green will be coming. IJJP
IJJ Corporation Announces Its 3 Year Corporate Vision In Conjunction With A Targeted Capitalization Program
Print
Alert
Silver Spring, MD - January 29, 2015 - InvestorsHub NewsWire - IJJ Corporation (IJJP.PK) IJJC Chairman and President, Clifford Pope, talks to Small Cap Voice about IJJC’s three-year vision for growth and profitability.
Mr. Pope laid out a comprehensive and clear picture of IJJC’s future starting with a description of the new Partnership Network; a collaborative network environment designed to support and build publicly traded companies that are non-reporting and undervalued into reporting and performing public companies. “Our business model is to provide Partnership Relationship to public companies. “, states Clifford Pope. “We offer to public companies Contracting/Business Development, Market Awareness, and Reporting Obligation Resources.”, summarized Mr. Pope on the services to be offered to public companies. Mr. Pope spoke about developing contractor/sub-contractor/mentor relationships between public companies and privately held companies. “We expect to leverage these relationships to benefit both the public companies that seek new revenue sources and the private companies that can leverage these relationships to expand into new market segments.”
The entire interview will be available at:
http://smallcapvoice.com/blog/1-23-15-smallcapvoice-interview-with-ijj-corporation-ijjp
Please link to the site to hear our Chairman and President explore our 3 year vision with Small Cap Voice.
IJJC has entered into an agreement that would bring $2,100,313 of annual income from two Medical Marijuana Farmers in exchange for stock to be delivered in the future, over time. The transaction was approved by the Circuit Court for the 19th Judicial Circuit Lake County, Waukegan, Illinois, following a fairness hearing. The anticipated revenue streams will significantly contribute to the growth and value of IJJC. The original amount of stock for the Medical Marijuana Farmer expansion project was to total not more than 2,094,857,143 shares of common stock. Currently, it has been determined that the shares from the company to support this project will not exceed 1,020,867,796 shares. In support of the court order IJJC anticipates that the shares price used to calculate the number of shares required is current capable to provide the funding amount to funding commitment calculated first proposed with the 2,094,847,143 as presented in court order.
IJJC’s targeted capitalization program will require the issuance of shares to expand its partnership business directive, however, we realize that trying to raise capital using the 504 exemption, or convertible debentures, are toxic forms of financing and unacceptable methods for generating working capital. So while IJJC will continue to seek and engage in equity exchanges to fund participation in projects, we will as well participate in unique and innovative capitalization projects such as the medical marijuana project; a project we believe will prove to be very successful, profitable and increase the value of IJJC stock.
“IJJC will continue to update the market and our shareholders as developments unfold, stated by Clifford Pope, President, and CEO of IJJ Corporation”.
Yeppers! IJJP
Before panic and manipulation brought us where we are today.
NOTHING HAS CHANGED WITH THE COMPANY!!! IJJP
IJJ Corporation (IJJP) is Undervalued and Has Crossed Above Its SqueezeTrigger Price
Date : 03/20/2015 @ 9:45AM
Source : GlobeNewswire Inc.
Stock : Ijj Corp. (PC) (IJJP)
Quote : 0.0009 0.0002 (28.57%) @ 11:04AM
IJJ Corporation (IJJP) is Undervalued and Has Crossed Above Its SqueezeTrigger Price
Print
Alert
Ijj Corp. (PC) (USOTC:IJJP)
Historical Stock Chart
2 Months : From Feb 2015 to Apr 2015
Click Here for more Ijj Corp. (PC) Charts.
IJJ Corporation (OTC:IJJP) today announced that WEALTHMAKERS.COM / www.wealthmakers.com, a Wall Street research and trading firm providing unbiased statistical stock market predictions to empower investors, securities professionals and public company employees to make precise, predictive and profitable trading decisions, has initiated its coverage today on IJJ Corporation (OTC:IJJP). The report highlights the short term bullish pattern that has emerged, the SqueezeTrigger Price of $.0029 and the projected short squeeze valuation of $.1021 per share.
Click here to download report:
http://www.buyins.com/reports/ijjp3-19-15.pdf
IJJ Corporation (OTC:IJJP) is an innovative and driven consulting and management services company offering public and private companies, professional individuals and service contractors a Partnership network designed to increase revenue and reduce operating costs leading to better profits. IJJC's mission is the revitalization of public companies that are underreporting and underperforming and to support them through an integrated collection of processes that leverage technology and management techniques used to improve the outcome of their business transactions.
About WEALTHMAKERS
Wealthmakers Online Predictive Research (WOPR) is a distributed computing system that has hundreds of data feeds (economic, weather, geopolitical, interest rates, energy, equities, currencies, commodities, etc.) feeding into a relational database that searches for patterns and determines how a trading instrument has behaved both before and after specific events have taken place in the past. Only about 25% of stocks display patterns at any given time and only about 1% of stocks exhibit all the necessary conditions on any given day to make a trade. That means that out of 14,000 stocks, only about 140 trades are high probability trades that our system would generate a research report on and disseminate the information to clients. This process eliminates the noise and only tells you which stocks have multiple strategies lining up at the same time, in the same direction, with no conflicting predictions and the fundamental valuation is in-line with the prediction!
About IJJ Corporation:
IJJ Corporation (IJJC) is an innovative and driven consulting and management services company offering public and private companies, professional individuals and service contractors a Partnership network designed to increase revenue and reduce operating costs leading to better profits. IJJC's mission is the revitalization of public companies that are underreporting and underperforming and to support them through an integrated collection of processes that leverage technology and management techniques used to improve the outcome of their business transactions.
Forward-looking statement
This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "expect", "project", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based drugs, and hemp-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
DISCLAIMER:
WEALTHMAKERS is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. WEALTHMAKERS has been compensated in the amount of $1,116 per month for six months of data provided in this report. Past performance is not indicative of future results. Please visit our web site, www.wealthmakers.com, for complete risks and disclosures.
CONTACT: WEALTHMAKERS
1-949-230-7680
tom@wealthmakers.com
http://www.wealthmakers.com
IJJP has finally reached it's long awaited bottom after weeks of manipulation, short selling, and weak hands departing. BIG NEWS due out any day now. Heading up and heading up big!
IJJP has finally reached it's long awaited bottom after weeks of manipulation, short selling, and weak hands departing. BIG NEWS due out any day now. Heading up and heading up big!
News coming?!?! or just market makers letting it back up a little to be shorted back down? ~IJJP~
Same ish different day:
Shorts are going to win all day every day if no updates come out.
Apr 20 53.81% NA NA NA 14,146,000 26,288,884
Any updates or communications on IJJP for us longs still holding? Not sure if you pulled the plug on this as we are just looking for the long awaited update on things here. Lot's of impatience and people dropping out. Thanks in advance if you have anything to add or are even still in.
News 4/20 to officially put an end to this nonsense:
Short Volume
Apr 17 35.58% 0.001 0.0008 0.0009 13,014,865 36,583,804
Where did all the talk of some other venture with a humidor type device go?
As we just had a 40% short volume on Wednesday. Sure it will be pretty close to that today as much as you guys have been on here today.
Get your popcorn ready for this Sunday night 9 eastern.
Dr. Sanjay Gupta: It's time for a medical marijuana revolution
http://www.cnn.com/specials/health/medical-marijuana
A hell of a lot of things have happened in a very short time:
1. March 17, 2015: IJJ Corporation (IJJC) Signs Agra Medical Global Holdings Inc. as a Client to the IJJC Partnership Network Program.
IJJ Corporation has signed AMGH as a client in their Partnership Network to support AMGH's acquisition of land and indoor greenhouse growth facilities to cultivate medical cannabis and hemp plants on an area of 10,000 acres designated on an identified reservation. The project is expected to allocate 400 acres for hemp cultivation and will build a 2,000 square feet greenhouse cultivation facility with equipment and materials for processing medical marijuana.
2. March 16, 2015: IJJP issued TWO documents, pursuant to conformity with SEC regulations, the first imparts shareholders with updated information about the company, its share structure and overall business, while the second provides data related to the company's first quarter earnings and finances.
-- a. Publication of Company Disclosure Statement: First Quarter Report 2015. This document provides detailed information pertaining to the company's share structure, its distribution among the corporate officers, and other pertinent data germane to shareholders to include corporate location, third party advisors, accounting and auditing firm
-- b. Quarterly Financial Report: First Quarter Financial Statement January 31, 2015.
3. March 12, 2015: IJJ Corporation Announced the Reduction of Authorized Shares by 500,000,000.
IJJ Corporation (OTC:IJJP.PK) today announces that its Board of Directors has completed a reduction in authorized common shares by Five-hundred Million (500,000,000).
IJJ Corp has recently announced an agreement for the redemption of 395,838,451 free trading shares to be retired to the treasury. These reductions will contribute toward bringing substantial value to the company, far exceeding the current shares that are issued. The new share structure reductions will be updated on OTC Markets after the Nevada Secretary of State and the Transfer Agent complete their appropriate Administrative processes.
After these changes have been executed, the complete share structure will be as indicated:
-- Authorized Shares will be - 2,500,000,000 shares
-- Outstanding Shares will be - 1,819,307,525 shares
-- Restricted Shares will be - 395,838,451 shares
-- Float Shares will be: - 1,423,469,074 shares
IJJ Corp had previously announced its original court-ordered amount of stock for the Medical Marijuana expansion projects was not to exceed 2,094,857,143 shares of common stock. That number was itself reduced to not exceed 1,020,867,796 shares. The final action taken reduces the number of shares to 625,029,345 that will be used to support the marijuana expansion projects.
4. March 10, 2015: IJJ Corporation (IJJP) Retains BUYINS.NET to Surveil Short Sellers and Market Makers.
IJJ Corporation (OTC:IJJP) announced today that BUYINS.NET, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on IJJ Corporation (OTC:IJJP) after releasing the latest short sale data through March 9, 2015. The total aggregate number of shares shorted since August 2009 is approximately 1.76 billion shares. Approximately 19.70% of daily trading volume is short selling. The SqueezeTrigger price for all IJJP shares shorted is $0.0028. A short squeeze has just begun as shares of IJJP closed above the $0.0028 SqueezeTrigger price.
5. March 6, 2015: IJJ Corporation and American Seed & Oil Company Issue Update on Partnership to Build Residential Treatment Facility for U.S. Veterans With Chronic Post Traumatic Stress Disorder (PTSD).
IJJ Corporation (OTC IJJP) and American Seed & Oil Company today release additional information to shareholders pertaining to the companies' partnership to build a residential treatment facility for U.S. veterans with Post Traumatic Stress Disorder.
American Seed & Oil is planning the acquisition of its Vermont based operating partner, Vermont Sustainable Farming, LLC (VSF), which is registered through the Vermont Hemp Registration Program. VSF and American Seed & Oil entered into an operational agreement earlier in 2014 to facilitate American Seed & Oil Company's first hemp crop. American Seed & Oil through its partnership with VSF has developed a number of relationships and business agreements with property owners, additional farmers, processing operations and universities. Accordingly, with the initial Treatment Facility and Tourist Destination target property in Vermont, VSF is a logical platform and acquisition for American Seed & Oil. American Seed & Oil, with VSF represents the complete components for a successful partnership with IJJ Corporation.
6. February 25, 2015: IJJ Corporation Announces the Redemption of 395,838,451 Free Trading Shares to be Retired to the Treasury.
IJJ Corporation (Pink Sheets:IJJP) today announces an agreement to redeem 395,838,451 free trading shares. This corporate action will result in the reduction of the total number of Outstanding Shares. The shares will be reacquired from participants in the Section 3(a)(10) proceeding filed with the Circuit Court for the 19th Judicial Circuit Lake County, Waukegan, IL, whereby IJJ was able to acquire the right to more than $2,100,000 in annual income from legal marijuana cultivating operations. As a result of this action, IJJ will retain the right to this income, but with far fewer shares to be issued and outstanding.
Securities Counselors will file a court amendment to reflect these changes. Additionally, the amendment will include the Cannaworx project.
IJJ Corporation had originally announced its commitment of stock for the Medical Marijuana expansion program was 2,094,857,143 shares and had previously announced that the number would not exceed 1,020,867,796 shares. Today's announcement further reduces that number to 625,029,345 IJJ shares. The 395,838,451 free trading shares will be returned and retired to the treasury; thus reducing the outstanding shares by a like amount.
In addition, in December 19, 2014, IJJP announced the completion of negotiations in which it acquired contractual rights to receive income from two separate medicinal marijuana farming operations, of $2,000,000 and $100,000 annually in perpetuity. Below is the synopsis released for publication on Investors Hub Newswire:
-- December 19, 2014 - InvestorsHub NewsWire - IJJ Corporation (IJJP.PK) was able to on Friday, November 27, 2014, completed its negotiations and closed transactions in which it acquired a contractual right to receive income from two separate medicinal marijuana farming operations, of $1,990,625 and $109,688 annually, in perpetuity. The Company, along with five other publicly traded companies, bought into and became a beneficiary of contracts with the World of Marijuana Productions Ltd. and with Michigan Plant Technologies LLC.
Let's not forget all the good that is going on here while the MMs and Shorts keep playing with us. I realize people looking from the outside in are definitely looking at this as a no go, but the truth to be told is everything that is being accomplished takes time and the PR everyone is waiting on will not be worth anything until loose ends are tied up and deals completely finalized. Go IJJP!
Respect to Sterling for the below information:
Concern #1 ** Some investors are concerned that you have your family members listed as Property Interest Exchange (PIE) Recipients with the 3(a)(10) Exemption Court Order. The perception is that you are using the Exemption to sell free trading shares in the market to enrich your family. I am asking your thoughts on the matter so that I can respond to some public inquiries coming to me about the matter.
The basic premise of the program was to acquire the farm and to finance the construction process and the cultivation process, the beneficiaries of which are the public company assignees. As such, the most important facet of the selection process for the program was assurance that the PIE Share Recipients would comply with their contractual obligations and pay 90% of the sales proceeds, which is expressly provided for in the contract, to the farm operators. By design (90% versus 10%), the farm operators are to be the principal beneficiaries of the sales proceeds, not the PIE Share Recipients. The rationale behind selecting mostly family members and friends was to assure compliance and to assure that the program moved forward and that no one merely pocketed the money. If this were truly a mechanism to enrich my friends and family, the percentage to be paid for the farm cultivating operations, would not be 90% and there would not have been a very explicit contractual requirements of such funding. In other words, by design, it was the finance first (to the tune of 90%) and with any left over, yes, benefits to the PIE Share Recipients. Also noteworthy is the fact that this participation is not without its risk. There is personal liability to the PIE Share Recipients. Ultimately, the liability is not limited to sales proceeds. Recently, to accommodate IJJ Corporation and some of its concerns regarding market perception, family members have commenced the process of returning a substantial number of the shares. We are also trying to persuade Clifford Pope to return some of his shares as a show of good faith.
Concern #2 ** It is believed that this particular 3(a)(10) Exemption allows for the selling of unregistered shares directly to the public for debt relief. Some under the thought that future forward looking revenues from MJ facilities do not constitute a legitimate bona fide debt owed, which is what some believe is the requirement to effect a Section 3(a)(10) exemption. Those under this thought see the public funding from this arrangement being elicited for future MJ endeavors and not for the relief of bona fide existing debt. What are your thought on this way of thinking?
The use of Section 3(a)(10) is not limited to debt relief. However, that is the most conventional use. Indeed, the statute is much broader as illustrated by the statutory provisions and the related SEC pronouncements. This feature is perhaps best explained in my opinion letter to the court, citing the statute:
1. Section 3(a)(10) Is Available, in Exchange for “Property Interests”, As Well As Claims: Fortunately, and consistent with the statutory scheme and SEC pronouncements thereon, Section 3(a)(10) is not limited to resolving disputes and is not limited to exchanging securities for claims or other securities. Instead, Section 3(a)(10) of the Securities Act applies to:
“... any security which is issued in exchange for one or more bona fide … claims or property interests (emphasis added), … where the terms and conditions of such issuance and exchange are approved, after a hearing upon the fairness of such terms and conditions … by any court ...”
Since the Issuer’s shares can be issued in exchange for “property interests” (not cash), then within the context of the settlements, an issuer should also be able to issue securities in exchange for “property interests”, which would in turn bring value to the issuer and its shareholders and also render more viable any resolution with the Law Firm, and perhaps other creditors. In other words, by using this portion of the statute (also specified by SEC explanations within no action letters), we can enhance the likelihood of an amicable resolution, enhance shareholder value, and hopefully enhance the likelihood that the Company will succeed.
As can be further gleaned from the opinion letter, SEC no action letters are inapposite.
Concern #3 ** Currently, the Transfer Agent (TA) for IJJP is gagged; meaning that investors can't publicly obtain share structure information if they call the IJJP TA. Investors have called the IJJP TA and it is true that it is the TA's policy to not release the share structure from people calling in about a company that's their client, but they also said that if the company writes in to them giving them permission to do so, they will release the share structure info for investors that call. Again, wondering your thoughts on the matter.
I agree. I believe it is a mistake to gag the stock transfer agent. While I personally have known Clifford Pope for several years and know that he would never misrepresent matters, I believe the whole notion of being a publicly traded company demands transparency. I made a personal plea with him to remove this veil. My understanding is that this veil has been removed.
Concern #4 ** Why did you use that number to represent the IJJP O/S in that November 2014 legal document (the court 3a10 document) which was apparently miscalculated which is such an important number that could result in the issuance of more than enough shares to make your wife and son's affiliates of IJJP under SEC rules?
At the time of the court order, according to the stock transfer agent, the number of shares outstanding, calculated post-issuance exceeded 1,000,000,000. Collectively, this share issuance was an additional 1,000,000,000. As a consequence, the largest of the share issuances of 195,419,226 shares, were just under 10%, calculated post-issuance. None of the share recipients held more than 10%, calculated post-issuance. Moreover, for a nonreporting company, the 10% rule is not hard and fast. It is only a rule of thumb. If the suggestion is that my relatives would be considered in combination, that is not an accurate reflection of the affiliate rules. My wife would be an affiliate of myself. All of my sons are more than 21 years old. None of the sales activities are conducted in concert. There is no basis for considering all of the shares as a single holding. In short, none of the PIE Share Recipients, based on my knowledge, are affiliates of IJJP. For your perusal, I have attached an authoritative article concerning what is an affiliate. Finally, as an accommodation, and in part, in recognition of the success of the program, IJJ Corporation is in the process of redeeming many of those shares, including my wife’s 195,419,226 shares (held on behalf of this law firm), which were just returned by the brokerage company, and are being returned to the IJJP transfer agent for cancellation, and to further reduced the number of outstanding shares.
Concern # 5 ** Some consider any PIE Share Recipient which is also playing a role as an issuer in the program (playing a dual role) is automatically an insider. Some characterize this a share selling scheme to enrich Insiders as the PIE Share Recipients sell their shares.
This concern is in part a failure to fully analyze the circumstances in the context of what is an affiliate, which cannot be determined in a vacuum but only as a result of a disciplined analysis and with respect to a particular issuer. The question is whether any person is an affiliate of any entity in which the person holds shares. For the reasons set forth above in response to the other concerns, and as set forth in the attachment, none of the Pie Share Recipients are affiliates of any of the companies in which they hold shares. As can be gleaned from the SEC's website: "An affiliate is a person, such as an executive officer, a director or large shareholder, in a relationship of control with the issuer. Control means the power to direct the management and policies of the company in question, whether through the ownership of voting securities, by contract, or otherwise." According to 17 CFR 230.405 - "An affiliate of, or person affiliated with, a specified person, is a person that directly, or indirectly through one or more intermediaries, controls or is controlled by, or is under common control with, the person specified." The mere fact that the same people holds stock in six different companies does not make them affiliates of each other or of the issuers.
I reiterate that in accordance with their contractual obligations, the PIE Share Recipients are obligated to pay 90% of the sales proceeds, which is expressly provided for in the contract, to the farm operators. By design (90% versus 10%), the farm operators are to be the principal beneficiaries of the sales proceeds, not the PIE Share Recipients.
Concern # 6 ** Some are disturbed with the fact that the participating public company issuers are all sub-penny stocks. That makes the whole program appear to be more scam like.
The focus on sub-penny companies as pie share issuer participants was in an effort to maximize the benefits associated with participating in the program. Secondarily, all of the participants are clients of my law firm and this firm has a policy of helping its clients succeed in their endeavors. The strategy is to finance the construction of the extremely profitable marijuana growing operations, in exchange for annual income of several times that amount.
By design, we have targeted small public companies, with minimum capitalization, or also clients of this firm, anticipating the maximum consequence to the market capitalization. Indeed, by design, the promised income dwarfs the value of the shares issued in exchange, maximizing the benefit to the shareholders of the company, which include the Pie Share Recipients. As such, with the magnitude of this income event facilitation, we are looking at a dramatic effect for the benefit of all. In short, by way of example, for $2,000,000 of annual income, in perpetuity, the participating public company issued stock, valued at only slightly in excess of that amount. Analytically, assuming the standard model of a 10% capitalization rate, $2,000,000 of annual income should increase the market capitalization by $20,000,000. For IJJ, by way of example, without giving effect to the redemption plan currently in effect, this alone should cause a stock price in excess of one cent per share, not even giving effect to the more dramatic market capitalization consequence attributable to the explosive marijuana field and its growth potential. This effect may even be exacerbated by the fact some of the public company participants are not even current in their filings and none of them are reporting companies. The hope is that each will soon be compliant and each will become a fully reporting OTCQB company.
I hope this is been helpful. I welcome the opportunity to clarify these matters.
Woo Hoo! I am out of timeout and still sitting here in the action! Everyone just keep holding your hands tight and the payout will be more than worth it. IJJP
Figured as much... IJJP
I'll take your shares...
Keeps growing and growing. Everyone needs to pull their head out of their arse and get in a company actually doing what they say they are going to do and at a aggressive pace. Not to mention having actual working capital. The best part is the price to get in right now is at an inkling to that of what it should be and will change drastically any time now. IJJP
Everyone pull the frustrations and all other emotions out. Market makers have been mass accumulating and this thing is going to sky rocket any day now with a decent PR. Shorts are thinning out and we will be more than good. Hopefully it happens before the ruling next week so we can get even more of that momentum in the right direction. IJJP
Expected much more volume today. Slow day...