DD Support Board and Research Team

[kennypooh]

SIML ..something was definitely "erroneous" with Direct Capital and the assets Fullenkamp tried to exchange for notes in these two scams??? GMGI shareholders have been wiped out by relentless selling (over 500 million) in just the last two weeks?

How does one 'erroneously' eliminate $1.8 million in notes???

SIML 8-k dated Sept 8:

Effective as of September 8, 2016, the Board of Directors of the Company finalized an agreement with Direct Capital Group Inc., to extinguish the following notes in total value of $891,000.00. Upon further evaluation of the Notes which had been previously extinguished in exchange for Oil Assets held in the former Grid Petroleum Corp., it was determined by the Company, Simlatus Corporation, acknowledged and agreed to by Direct Capital Group, that exchanging the oil and mining exploration assets for the outstanding Notes should have included the Notes listed below, which were erroneously eliminated from the list of Notes exchanged for those Assets.
http://ih.advfn.com/p.php?pid=nmona&article=72401561

GMGI Sept 28, 8-k:

it was determined by the Company, Golden Matrix Group, Inc., acknowledged and agreed to by Direct Capital Group, and N600PG, LLC that exchanging the oil and mining exploration assets for the outstanding Notes should have included the Notes listed below, which were erroneously eliminated from the list of Notes exchanged for those Assets.
http://ih.advfn.com/p.php?pid=nmona&article=72541058&symbol=GMGI