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Re: cashbyers post# 6277

Wednesday, 10/26/2016 5:27:46 AM

Wednesday, October 26, 2016 5:27:46 AM

Post# of 8579
Good morning, Cashbyers,
Mr. Fife is Typenex per the following SEC filing:
https://www.sec.gov/Archives/edgar/data/1515718/000114036116069226/0001140361-16-069226-index.htm

I don't readily have the documentation that Fife is also Iliad. But here is Fife's own website, and you can do the reading (as I'm a bit rushed at the moment):
http://johnmfife.net/

I don't have specifics, but I do recall from looking at one or more marijuana stock discussion boards that Fife's history - as one might logically presume - is less a matter of wanting to stick with a company for the long haul, but rather to "vulture" some cheapies and sell on the bounce up.

I have no idea what he's been doing with his shares. He's limited to 10% ownership, but as he sells shares, he could convert into shares to replenish what he sold. I would have thought that these newly issued shares would require an SEC filing to state that issued shares have increased - but this is far from my area of expertise.

In the end, VHUB needs to refinance the short term debt into a mix of stable long term debt and equity issued at near market value price.