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Re: 1chiarajolie post# 7105

Monday, 09/25/2017 2:54:50 PM

Monday, September 25, 2017 2:54:50 PM

Post# of 70442
I invested in Intrepid Holdings. When they were acquired our equity was converted to UAT Group but was grossly miscalculated because of a false reporting of the previous company's assets sheet. Intrepid was not as valuable as they pretended to nor were they sophisticated enough to make something of what little they had. We put up over 1$ with Intrepid and they were completely full of it. Something I think Mr. Umbra found out the hard way. Long story short, Mr. Umbra converted our equity fairly and gave us each a significant block of stock that was closer to the actual equity we paid for. As for specifics I can not get into that because its not just my personal information but includes others so I wont speak out of turn