Friday, May 15, 2015 11:33:28 PM
The one poster who had posted as a lender (Comp 21?) was a lender, I verified through a source. I was told he was offered a repayment, but he would have to take a haircut. I was told he turned it down.
My opinion on the shares: Those shares were issued by Mr. Pierce and sold through nite to purchase the ISBG shell that was brought to his attention by Lou and put together by an attorney in Florida.
So, when the time came for conversion, there were not any shares. So, Mr. Pierce issued a pr that the lenders had agreed to an extension (but Mr. Pierce failed to tell the lenders they had agreed.) Mr. Pierce had told a close associate, I don't have the shares and I promised not to do a reverse split. But, now he had a new joker in the deck, ISBG, purchased with the new DKTS shares he sold into the market.
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