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Answer the question. Where does it state in the loan agreement that "the loan could be repaid within 180 days-then it was conversions only"?
If you cannot answer the question then just say so. You should not be making up shit and then retaliate by claiming that you're being attacked when that is not the case. You then proceed by making an even more asinine statement when you state:
Where did you come up with that? It's pure BS!!!! Maybe you should read the loan agreement again.
You hit the nail right on the head. They couldn't believe their luck!
Does anyone else know "What happened to the $5 million - what happened to the $200k Turner borrowed from DGF?". Exactly the same question has been asked about 327 times in the last few months.
I've done my best to answer it, but to no avail. Maybe what is needed is a different perspective.
That is pure BS!!!! Provide the proof that does not exist.
Lol!!!! He's my hero as well.
If the NY Times article is based on verifiable data, then it's really reassuring as I was concerned about that 5%.
There does not appear to be a consensus by the medical profession as to whether or not the strategy of vaccinating as many people as possible without the certainty of being able to administer a second dose is a good strategy. I'm not sure of the "50% effective, 50% mild cases" theory. I would not want to take any chances.
In my view all front line workers and others at high risk should get both doses as recommended. As for the rest they need to get their act together and start ramping up distribution, production, and increasing the number of facilities that can administer the vaccine. Fortunately for Americans tomorrow brings the promise of better days ahead.
That is not at all unusual. Anytime you read about a preclinical study, no matter the nature of the medical research, it it is done on animals and takes place before any testing in humans is done.
Latest 3rd Quarterly Report filed Nov. 16, 2020. If you don't feel like reading the entire report, read Section 5) Issuer’s Business, Products and Services, starting on page 30. The following ties in with the January 13 press release.
If not fake, then it's not wise to disclose anything until the ink is dry. It's stupid!
What a ridiculous post. Investor Relations would never reply by stating:
He actually cares deeply about the well-being of shareholders. Sort of like the modern day Robin Hood legend. The robbing from the rich to give to the poor part. But this is just my opinion, I could be mistaken.
Now let's go back to the beginning and tell the other part of the story.
Just too funny.
167 Million shares works out to 6.14% of the total outstanding. A ways to go but well on his way to a controlling interest, or at the very least being able to flex his muscles.
Congrats! You must now be well stocked. How many cases of premium beer was that worth?
This is a great opportunity for you to make a real contribution to the board here by travelling to Israel on our behalf and investigate this further. Ziv will be thrilled to meet you.
I am more than willing to contribute to your trip. At the same time you can have a vacation.
Right now they are just newly minted concepts. They are putting forth a vision if you will, on the different ways by which some day they hope to generate revenues. There is nothing wrong with having aspirations.
What is wrong is to post incessantly in the hope of misleading one to believe that the company is currently a going concern.
Provide us with proof:
Just to clarify, it's the "learned a lesson" part of your comment that I resented. It's also "ABSURD" to dismiss someone outright just because you don't "know" them. I could care less whether I "know" a person or not.
You have no idea on the level of skepticism, critical thinking, assessment, and due diligence that went into researching the company. The "lesson" is that sometimes you get deceived, conned and/or outsmarted and that you would have been better off if you had just listened to your instincts and gut feelings.
With regards to the "other" my gut tells me to not get too excited until further notice!
You are obviously ignoring the number of times that MjMilo has publicly admitted that he "was played".
As for your comment that "now the same thing is happening and you 2 haven't learned the lesson", you are making an assumption. An assumption that so far is being proven to be incorrect. Not to mention that I strongly resent such a comment.
Btw you can thank MjMilo for connecting the dots from OWC to that "other" play and giving you an easy opportunity to stock your fridge.
Nobody cares whether or not you contributed your hard earned beer money to the trip. Many others did and they remain appreciative of MjMilo for taking a week away from his family, and for his efforts on behalf of shareholders.
If not for the trip, he wouldn't have an open line of communication with Ziv Turner. If that is of no value to you that is fine. Please, just try to refrain from making provocative comments.
I realize there haven't been too many beer money-making opportunities lately. Just hang in there.
Talk about much ado about nothing! People that have gotten their knickers in a knot over Hilaria Baldwin’s "awkward and embarrassing" Spanish accent drama need to get a life. They're living in the midst of the worst pandemic ever and they are pre-occupied over someone's fake accent?
Yes that is the news that has created such excitement. The link contains the following info posted by the CEO David Goren. The "$1.3 million cash and cash equivalents" is more than the cash that I thought they had, but then again I don't know what the "equivalents" refers to.
This stock was recommended to me by MjMilo and bought a bunch over a year ago. Fortunately I kept a few. Still puzzled why it hasn't received more attention on this board. But maybe that's a good thing!
GLTY. I hope you have a great year!
Yes seriously! I don't post stuff unless I mean it.
Holy Moly did you actually read the press release? It's pretty obvious that the "companies" acquired are mere concepts, in-house, and with no money being exchanged. Worse than robbing Peter to pay Paul.
Nothing wrong with dreams of grandeur and visions of a "global" company, but so far that is all that we have here.
You're right it very likely has "nothing to do with this company". I was just intrigued by the line:
Feldenkrais is into everything! Either that or it's a common name... or I'm being duped by iHub advertising.
https://theshiftnetwork.com/Experience-the-Feldenkrais-Method?wickedsource=google&wickedid=455538655807&wtm_term=investorshub.advfn.com&wtm_campaign=10810151033&wtm_content=114906806068&wickedplacement=investorshub.advfn.com&wickedkeyword=feldenkrais&gclid=EAIaIQobChMItaeL5ujz7QIVwVXVCh0NKgTOEAEYASAAEgKou_D_BwE&gclid=EAIaIQobChMItaeL5ujz7QIVwVXVCh0NKgTOEAEYASAAEgKou_D_BwE
World’s First to Have its Lab-Grown Meat Served in a Restaurant
I will repeat my post again. Perhaps this time you will answer the question and not offer a mumble jumble type of answer that, if read carefully supports my point that there is nothing in the Loan Agreement where it states "OWCP pledged their assets as collateral for the loan". You are equating their assets with the shares of common stock? Here is what part of the S-1 quote you posted states:
Likewise I was also being cheeky with my comment, especially with the "English" being spoken by the "swamp people" of Louisiana.
I read the press release dated December 21, 2020 written in English, and notwithstanding its possible translation from Hebrew I did not find it confusing, nor did I notice any ambiguity with the Company's earlier stated goals and press releases.
But I am perplexed by your comment:
Maybe it's time that you stop taking cheap shots and show some restraint with your repeated sarcastic comments about the "trip to Israel", "the Traveler" etc. Not everybody shares your view. I certainly do not!
Without the "disastrous" trip to Israel, MjMilo and others like myself who were given a thorough accounting of what was said and not said, would not be in as good a position as we are today in terms of assessing the situation. Even though MjMilo did not get to meet Ziv, he did get to spend time with Dr. Baruch who is close to Ziv and will continue to play an integral role going forward. Not to mention all the others that he met at the research facilities. Ziv knows all of this and he has come to trust MjMilo and appreciate his candid critical advice. I know this for a fact based on the numerous 3-way conversations we've had over the past 6 months.
Nobody's asking you or anyone else to choose sides or worse of all base investment decisions on what is being discussed here. At the end of the day everyone should be doing their own due diligence and draw their own conclusions. All I'm saying is try to give a bit of credit to the guy that has gone to battle, has been in the trenches, and has scars to prove it. And, I might add, is still doing his best to keep the channels of communication open for the benefit of all shareholders.
Life in IG land is so simple and straightforward. I guess you still haven't read the full loan agreement. You are all over the map with terms such as triggering events, breach of contract, and "assets used as collateral" for the loan.
Up to this point the company has caused many triggering events. It's funny that when DGF exhibited such an insatiable appetite for the "free" shares, we didn't hear any complaints about breach of contracts.
Fact is that the company did not breach any contracts. They breached our trust and the commitment to the common shareholders in a big way, but as far as DGF is concerned they continued to issue common shares to them right up until they had no more shares to issue. Before reaching this inevitable destination, the company tried to mitigate the situation by holding two separate R/S votes, and most recently, pursuant to a court order, they tried again. They attempted to fulfill the terms of the loan agreement and the court order. This is what the loan agreement states:
One always has to be weary when making blanket statements such as:
When did I ever make that statement "shareholders will remain whole"? I don't have the answer.
You have the enviable ability to reduce a long-winded seemingly complex statement to very simple terms. I love it!
Be our guest and show us where "OWCP pledged their assets as collateral for the loan". Here is the loan agreement, and make sure you refer to the documents in the four exhibits as well.
https://www.sec.gov/Archives/edgar/data/1431934/000149315218006164/form8-k.htm
It is really laughable when all these years you have consistently harped on your view that OWC was worthless and that it had no assets, but now all of a sudden those "worthless" assets have become collateral for a loan? Really?
Before making a blanket statement, support it with an exact reference within the agreement, minus your spin. Then we can continue with this conversation.
Thanks for replying and making the distinction between a secured creditor and a preferred shareholder. Yes I agree DGF is NOT a secured creditor.
In the post that you replied to, and that was subsequently deleted, I did not say that Ziv was going to be stiffing DGF "and THEN make common shareholders whole". He did not say that so there is nothing to explain.
But what I did say and will say it again is that DGF is just a shareholder. Being a preferred shareholder entitles them to stand in line one step ahead of common shareholders, and even collect accrued dividends, but they will always have to wait after secured creditors take the first bites.
What you can be sure about is that DGF has, as MJMilo explained, put itself between a rock and a hard place. Because of their questionable business practices, the last thing that they will want to do is open their books for scrutiny.
DGF is not calling the shots. And that's a good thing because they have no interest in running the company.
Who may have hired Richard Rubin? I'm one of them, and although I may not be the brightest lightbulb in the room I certainly would not consider myself a "retard".
He was disbarred since 1995, long before OWC came on the scene, so a lot of people and companies would have used his services without necessarily knowing whether or not he was disbarred. Fact is, what he was doing mostly was not rocket science. He almost had a 25 year run before finally getting charged.
This Sept. 14 joint announcement between Michael Feldenkrais and Ziv Turner ties in well with the press releases by CATV on Oct. 19 & 22 stating that they were: