IJJ Corp (IJJP)

[Cassandra]

IJJP Dilution Facts:

The "rights to receive income" from Michigan Plant Technologies, LLC (MPT) and World of Marihuana Productions, Inc. (WOM or WMP) is entirely based on the issuance of billions of free-trading shares of in the 6 consortium companies -- IJJP, TWDL, GEAR, HALB, CWIR and ENTI -- using (abusing) the Section 3(a)(10) exemption from registration. The billions of newly-issued free-trading shares that have been distributed and those to be distributed in the two additional tranches cause extreme dilution for each of the public companies.

The much ballyhooed "court order" was an approval of these share issuances in exchange for so-called "property interests" owned by those who are receiving the shares. In order to fund the build-outs of the currently non-existent MPT and WOM MMJ farms, the recipients are supposed to sell their shares on the open market and put some of the proceeds in an escrow overseen by Goulding's law associate Carl N. Duncan. The proceeds in escrow are supposed be paid to MPT and WOM to build-out the farming and obtain cultivation/distribution licenses.

If the farms are eventually built, licensed and achieve profits, some of their income is supposedly going to be shared with the consortium companies. Given all of the things that are supposed to occur to make this happen, it's unlikely that IJJP and the other 5 companies will ever receive a dime for the billions of shares issued.

There's much more to the scheme, but the dilution was explained and documented in the following post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110700838

IJJP's very tardy disclosure of the first 1 billion issuance:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111097273

Pope now claims he has reached an agreement with some of the recipients of the new shares to reaquire and retire them. Given his history of not being truthful about the actual share structure, this claim is questionable at best.