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Re: hedge_fun post# 42848

Monday, 08/04/2014 4:36:05 AM

Monday, August 04, 2014 4:36:05 AM

Post# of 59584
"I notice the absence of.....
two other SEC filings."

You noticed that, but you missed this?

"You can see the last three SEC filings prior to the two year lapse in filings that ended in March of this year here:
http://www.otcmarkets.com/stock/TEMN/filings
or, even more completely, here:
http://www.sec.gov/cgi-bin/browse-edgar?company=team+nation&owner=exclude&action=getcompany "

I was focusing on a specific period of time. I suppose I could have started with Adam and Eve and run straight through the last three SEC filings prior to the two year lapse in filings that ended in March of this year, proceeding to some references to the diddling about that Pierce did at Emperial Americas, and finishing up whenever you felt I should finish up. How about I focus on what I choose to focus on? Why does it not surprise me that your response was based on what wasn't in the post rather than what was?


Did you notice the irony, by the way? Pierce isn't just "an easy target, being the CEO and all", he's an easy target because he has made some very flawed decisions while holding that position of a couple of companies. You know the record, perhaps better than anyone.

On January 10, 2012 Pierce signed an 8-k (and I can't help reminding you....as President and CEO of what was described on the filing as "Emperial Americas, Inc. Formerly Known as Team Nation Holdings, Corp." that said:
ENTRY INTO PURCHASE AGREEMENT FOR MAJORITY CONTROL OF ISSUER
On January 5, 2012, the Corporation had the majority controlling interest changed to the control of Emperial Americas, through the purchase of four sets of Series A Preferred Shares by Victory Partners, LLC. In a private sale, the four main holders of 60 Series A Preferred Shares, being Dennis R. Duffy (15 preferred shares) Janet Okerlund (15 preferred shares), Daniel Duffy (15 preferred shares) and Norman Francis (15 preferred shares). Additionally, Victory Partners received the rights to 1 billion common shares held by the same four individuals in the amount of 250 million shares each.

On 3/19/12 Pierce signed an 8-K (in the same unique fashion) that said:
"In a private sale, the four main holders of 60 Series A Preferred Shares, as well as one billion common shares from the same four main holders."

No one held a gun to his head when he signed those critical filings, did they? You wouldn't suggest that the current CEO could be influenced to apply his signature to just any old thing, would you? Yet there is no sign of any PROTEST by him that the one billion common shares were improperly issued. Precisely to the contrary, by his very signature on those filings he is VOUCHING for their existence and use in a critical transaction.

Now, two years later, their existence and use no longer suits him and he and you would prefer that we forget that that ever happened. Funny stuff.

If he's right about their improper issuance, it should at least be clear to people....and a man of character would admit to this....that he played a very large part in it and in the fact that the filings indicated that they could rely on it.

That's your CEO.


ps. Please feel free to address either my post regarding the financials or the lack of promised director appointments. I've been hoping for some explanations.

"I ated the purple berries"