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Thursday, October 15, 2015 7:30:40 PM
1. Sohail Quraeshi is in absolute, total control of ESCU. He has voting control and he is termed a "control person" by the SEC because he's an officer and director. SOHAIL IS THE CONTROL PERSON.
2. Madhu Sethi, as COO, is a "control person" because he is an officer and director.
3. Saeed Quraeshi, as Chairman, is a "control person" because he is on the board of directors.
4. Shahmir Quraeshi is a "control person" because he is CFO.
5. Gary Kimmons has been A CONTROL PERSON recently because he has owned at least 10% of the company's shares. It's simply a TERM. Kimmons has absolutely NO CONTROL over ESCU's operations.
Add to that the fact that ESCU has issued 40M shares for its patents. This has taken Kimmons out of the mix. He now holds 2% of the shares.
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