Impact Fusion International Inc (IFUS)

[Darth Trader]

My comment are mixed in your texts in parens.


LOLOL!! Twist it however you wish. (I disagree with this, don't see it twisted, but as anything but the truth) It was a loan, not an investment. An investment would mean that equity (shares) were acquired in return for the $250,000.00. But, as the Duke of Bag Holders himself said, no shares were exchanged. Hence, it was a loan.

Also, keep in mind, that at the time the loan was made, Joe Scivoletto was an officer and board member. (Was is the operative iow before the "boot") Perhaps the lender(s) were impressed with him (this guy can't even walk and chew gum and someone's impressed with him?) and the loan was made on the strength of their faith in Ol' Joe. (I seriously doubt it) He was, after all, the inventor. (He can't even spell inventor, let alone invent something! The guy was so corrupt and stupid, everything he did was visible from the outset...that's impressive)

(This is not as simple as you portray it to be IMHO. Your forgetting the reasons behind the counter suit and the illegal activities this guy was up to when he was caught and booted for, soon to be owned with his partner in crime, SA. The things he was involved in we're just stupid, really plain and simple. The guy's a moron! And he didn't invent anything. lololol "Larry, Curley and Mo ron's Invention company....woop woop!! lolololol)

What would help everyone is if MW had filed an 8K detailing the terms of the loan agreement, as a legitimate company would have done.