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Post# of 54103
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michaelstl

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michaelstl

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Tuesday, 03/03/2015 12:36:22 PM

Tuesday, March 03, 2015 12:36:22 PM

Post# of 54103
Conflict of Interest and Preferred Stock
Jake owns Moon River or (Medient) Preferred and preferred gets paid out before common shareholders. Looks to me like a conflict interest with him wearing two hats maneuvering this deal. With the preferred that the board gave him he was able to control the company. I am very disappointed with this deal. The 10 million dollars is like a zero coupon bond with a penny stock guarantor. Forget this one. Looks like it's all over. IMO
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