Followers | 2570 |
Posts | 304990 |
Boards Moderated | 29 |
Alias Born | 04/12/2001 |
Sunday, June 29, 2014 2:59:33 PM
According to Basu it did. Are you saying she lied? Again? This is what she said:
"ITEM 3. LEGAL PROCEEDINGS ALL LEGAL PROCEEDING WERE TRANSFERRED TO MS BASU AS OF 1/1/2008 in exchange of 600,000,000 shares"
If both statements 2 and 3 above are not true…
Statement 2 is true, but Healthcare is no longer part of PPJE. Basu has explained that she kept it for herself.
PPJE disposed of Healthcare as an asset on 13 June 2008. The relevant 8-K is largely incoherent, but this is what happened:
On June 13, 2008, the majority share holders and its current Board of Directors decided that “Healthcare” to be disposed in order for the Registrant to move for ward bring higher equity to its shareholder. Ms. Basu agreed and accepted the transaction, she believes that this transaction will increase share holders value. Ms. Basu agreed to return 33.33% of the 25,150,000 shares she received for the acquisition of the three companies on April 23, 2004. Total number of shares will be returned by Ms. Basu is 8,383,333 to the Treasury.
As of January 1, 2008 “Healthcare” ’s assets and liabilities are no longer be owned by the Registrant.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6443013
Healthcare is still a Delaware company.
Maybacks Global Entertainment and ZEASN Technology Private Ltd. Sign Global Licensing Agreement • AHRO • Aug 8, 2024 7:00 AM
SANUWAVE Will Host a Conference Call on August 13, 2024 at 8:30 AM (ET) to Present Q2 Financial Results • SNWV • Aug 8, 2024 6:59 AM
Kona Gold Beverage Inc. Signs Letter of Intent with Bemax, Inc. to Sell Kona Gold, LLC • BMXC • Aug 7, 2024 10:00 AM
Btab Ecommerce Group, Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • BBTT • Aug 7, 2024 9:00 AM
Hydromer, Inc. Announces Preliminary Unaudited Second Quarter 2024 Financial Results and Provides Business Update • HYDI • Aug 7, 2024 8:52 AM
North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • NBRI • Aug 5, 2024 9:00 AM