Friday, August 15, 2014 10:38:11 AM
First of all, "Sal" is not a "ControlLING Shareholder", by standard definition:
http://definitions.uslegal.com/c/controlling-shareholder/
Angel is again playing with words to mislead.
The subtext, of course, is that Angel "gave" these shares to Sal to dilute the value of RIGH shares in a pre-emptive action against BCAP's claim of 8 BILLION shares.
Crapola. Pure crapola.
If that was his only reason, why is he naming Sal as the Chairman of a newly-formed wholly-owned subsidary- GeniusBiotech? (Whose raison d'etre is murky at best).
But Sal is not a Controlling Shareholder because RIGH CEO Angel holds 3.5 MM Preferreds, convertible to 35 Billion common shares!
The fully diluted shares of RIGH are AT LEAST 65 BILLION!
And Sal is a money-lender who has been allowed in on RIGH's share-selling scheme to recoup his loan PLUS! Sheesh.
ARRGGHH! Where's that Mad Hatter?
Maybacks Global and Inventel Products To Launch Global 24 Hour Shopping Channel • AHRO • Sep 3, 2024 9:15 AM
UC Asset announces plan of management stock buyback • UCASU • Sep 3, 2024 9:00 AM
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM