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Re: Hitechhunky post# 191695

Monday, 12/15/2014 7:15:49 AM

Monday, December 15, 2014 7:15:49 AM

Post# of 298910
I agree that the original 255MM shares being issued are on Ed. He should have demanded proof that the underlying debt had indeed been purchased from Tangiers. However, the remaining shares, according to the complaint, appear to have been obtained by these shady companies through fraud/coercion and unbeknownst to MYEC; most likely through forged transfer documents. Interestingly enough MYEC didn't sue their transfer agent so I'm assuming they cooperated and provided MYEC with all the necessary documents to prove their claims. My guess is that if those 500MM+ shares are still out there that MYEC receives an injunction regarding those shares and ultimately gets them back/cancels them. The rest will take a while to sort out unless there is some sort of settlement.

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