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Re: loanranger post# 37028

Friday, 02/24/2017 6:34:39 PM

Friday, February 24, 2017 6:34:39 PM

Post# of 54032
On January 20, 2017, the actual arbitration was held in New York City between Seth M. Shaw and ROI Land Investments (All of this shall be public information)

Decision was rendered by Arbitrator this morning:

AWARD: in Favor of Seth M. Shaw -- Mr. Shaw WAS AWARDED $755,125.00 USD

See the following except from the ROII's Form 10Q Filed back in November of 2015

Link to the Form 10Q: http://www.getfilings.com/sec-filings/151118/ROI-LAND-INVESTMENTS-LTD_10-Q/

"On September 14, 2015, the Company received a notification from the American Arbitration Association (“AAA”) of a Request for Mediation, dated September 8, 2015, filed by Seth Shaw, pursuant to a mediation and arbitration clause contained in a Consulting Agreement allegedly entered into between the Company and Seth Shaw on May 1, 2014. The Company executed such agreement but believes that it validly retracted it prior to any signature by Mr. Shaw personally. Mr. Shaw believes that the agreement is valid and in effect. The Company also believes that Seth Shaw failed to perform under said agreement, even if it were in effect.

The matter under dispute is 500,000 shares of the Company’s Common Stock which were to be issued to Mr. Shaw pursuant to such agreement. A certificate for such shares was issued but never delivered to Mr. Shaw, due to the retraction. In late September 2015, the Company offered to the AAA, and to counsel to Mr. Shaw, to voluntarily submit to mediation before the AAA, but not to arbitration, provided that the location of the mediation (which the Consulting Agreement does not specify) be in Montreal, where reside most of the Company’s management and many of the relevant witnesses.

The Company has received no response to this offer, nor has it received any further communication from counsel to Mr. Shaw since September. In mid-October, attorneys for Mr. Shaw unilaterally attempted to induce the Company’s transfer agent to issue a replacement certificate. However, the transfer agent reported this to the Company, and the Company has instructed the transfer agent not to comply with Mr. Shaw’s wishes. The Company intends to vigorously defend itself from any claims by Mr. Shaw for such shares."

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