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Wednesday, August 06, 2014 7:48:46 PM
This is the first post I have done. I pride myself in doing my due diligence. So, I went directly to the SEC website and read the charges against Money Runners. I've attached the link above. In the press release, the companies that were targeted by Money Runners for profit and manipulation are listed. Top Shelfs is not one of them. Now, for full disclosure, I hold a Law Degree with a specialty in Corporate Governance. Now, like many others, I am concerned about the close to 600 million additional shares. But, after further review, I examine what would be the potential reasons for issuing those shares. Again with keeping Corporate Governance in mind.
1) The 5 million dollar line of credit for the Venture Capital firm, who are legitimate. Do you believe that did if for free, they are venture capitalist.
2) The acquisition of rights for different brands. Do you believe that was free.
3) The adding of two advisors, asking them to risk their name and reputations. Do you believe that was free.
Now, I wish Mr. Pierce would give clarifications to the additional stock issuance.
We will see, but as long I have some gambling money, I will take the chance.
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