which I was limited to by the Bar, and contains part of the Pena letter, and we know what that means, don't we? Huffman and Klein both failed to explain that there was a simultaneous exchange of those control shares with EA. In his affidavit Huffman doubled down on the original complaint which left the exchange out. I told the Bar VP could not have obtained the shares from the Former Fab 4 as described in the original complaint.
I complained he filed a false affidavit. He admitted it by basically saying something like this.....Oh yeah, I found out later after being given assurance otherwise that VP was still owed debt from EA. In exchange for that debt still owed, VP got the control shares BACK from EA, but I knew nothing about EA getting to the control shares in the first place. And I have since been re-assured that before we filed the lawsuit, VP was the rightful owner of the shares, so SCM's claims are baseless even though they are dead on balls accurate.
Further, since Alonzo didn't say TEXX owned the shares that means they must belong to VP.
Anyone that can read SEC filings knows there was an exchange for those control shares and that part was left out of the original complaint. Huffman pretended to know nothing about it though he claimed in his affidavit he was the attorney for TEMN at all relevant times, which is true.
The Agreement with Victory Partners created a acquisition of assets being the controlling Series A Preferred shares of Team Nation Holdings, Corp. The exchange with Victory Partners for such shares with Emperial Americas created a direct exchange of shares for debt to Victory Partners which makes such matters an acquisition of Emperial Americas as the new public company.
After the March 2nd hearing when Huffman failed to alert the court of this new story line, I informed the Bar of that violation as well.
In the end the Bar decided it was not a matter for them. I'm not sure why it wouldn't be.
It's also interesting that suddenly on the DKTS board, the settlement is now in play again after many said it had nothing to do with DKTS. It was a matter for the old ticker, TEMN and not DKTS.
Plus Huffman seemed to know the shell status better than Alonzo. Or did he?
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