IJJ Corp (IJJP)

[Cassandra]

The contracts also require that the investors from whom the Property Interests were acquired (in exchange for the stock) pay, collectively, to construct the farms and the facilities $3,500,000 and $750,000 respectively. None of the five publicly trading issuers are obligated for these payments to facilitate the construction of the facilities for the growing of medicinal marijuana, that being the responsibilities of the investors. Following the execution of all of these agreements, the investors remain liable for their portion of these obligations and the issuers will receive the income amounts or Property Interests. Until the investors’ obligations are paid in full, 90% of any and all amounts realized are placed in escrow, to assure that the farms and facilities are constructed.

Once the construction process of the farming operations commences, the WOM and MPT principals will provide weekly updates, including photographs of the progress.

Source of quote: http://www.otcmarkets.com/news/otc-market-headline?id=16697673

This statement shows that the farms and facilities for Michigan Plant Technologies, LLC (MPT) and World of Marihuana Productions, Inc. (WOM, aka WMP) need to be constructed before any revenue can be produced for six consortium members IJJP, TWDL, GEAR, ENTI, CWIR and HALB.

The sham involves the issuance of billions of free-trading shares in these 6 companies at no up-front cost to several individuals who are supposed to sell the stock on the open market and put 90% of their proceeds into escrow with Randall Goulding's law associate Carl N. Duncan until they have satisfied their individual obligation for the construction. All proceeds after the "obligation" are theirs to keep.

There are six consortium members. It's odd that the quote mentions only five.

More about the consortium:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111264758

Parties who received free-trading shares of consortim members using Randall Goulding's twisted abuse of the Section 3(a)(10) exemption to registration. The Novemeber 25, 2015 hearing" was a perfunctory action required by Section 3(a)(10) which considers only the "fairness" of the share issuances to the parties who receive them in exchange for "bona fide" debt, other securities or property interests:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110291300