IJJ Corp (IJJP)

[Capital_Gains]

In regards to the share structure.. Bellow is my thought process and I need you to tell me if I am off my rocker a little? I sent this to two different well known people privately on this board with no response, ticked me off a little... so now my thoughts are out on the public.. Read it and tell me your thoughts?

Okay so we know that the A/S = 3,000,000,000 shares ?

According to the latest annual report for 2014 as of October 2014 restricted share count = 387,944,370 ?

Now I want to take into account the PR for the MPT Agreement and the WOM Agreement. It states..

This transaction was approved by a court of competent jurisdiction following a fairness hearing. We were able to acquire $2,100,313 of annual income in exchange for stock to be delivered in the future, over time, currently worth, $1,466,400 at today's price. The value of the stock to be conveyed by the Company is less than one year's income, even though the income to be paid pursuant to the contracts is to continue for as long as the marijuana farms continue to operate. Company's management feels that entering into such multi-year agreements in return for shares of the Company is a great opportunity. As a result of our involvement in the financing of this project, it is our opinion that we will be in line for other similar projects in the medicinal marijuana field.


I highlighted the important point in red. So if we take $1,466,400 at the day of the PR which was the 19th of December we get .001 (par value) which equals 1,466,400,000 shares! If my thinking is correct these shares will be held in escrow/restricted shares ! Now to the final numbers ..

A/S @ 3,000,000,000 - 1,466,400,000 = 1,533,600,000 shares

1,533,600,000 - 387,944,370 (restricted shares) = 1,145,655,630

I think our float is around 1,145,655,630 shares ? Not the 1.8 billion listed in the IBOX .... JMHO