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Re: i_like_bb_stock post# 1619

Tuesday, 11/28/2017 11:57:31 AM

Tuesday, November 28, 2017 11:57:31 AM

Post# of 12003
Just how helpful can a man be? Your DD is marvelous. Thanx a lot, really.

Folks, thinking out loud....

Some insider decided, apparently knowing the upcoming entry of the company into crypto mining, that they could afford to trade $ 580K of actual debt obligation for the unknown variability of 5 Million restricted shares, that they can not even trade out of to return their money.

So, whoever this insider is is royally pissed right now and my guess is that they are not betting on a dead horse. They knew info that made it a good move to trade $ 580K obligation for 5 million unknown, and subsequent to their having done so, the company announced the contracts in place to begin doing crypto mining.


Its not my $ 580K, but if it were me and the guys I was owed $580K by came to me and were trying to convince me to trade actual debt for restricted shares, the company doing the persuading would have to have some real meat on the bone or I'd not make that deal.

With actual damage done of $580K, whoever this is certainly must have an axe to grind with either the company for a sloppy job of financial reporting or with OTC mguys for unwarranted damage to their investment. Since they had to have been privy to whatever info persuaded them to swap $580K for restricted shares, it seems 99% absurd to try to tell me that they have a beef with the company. I'd say they are pretty darn likely to be looking for a fight with OTC and/or this Sharp guy.

I'm watching the size of the chunks changing hands on the time & sales ticker at the levels od 12 cents to 10 cents.

Fact is that somebody is more than willing to buy huge chunks at single trades at these levels so, all this said, I'm going to be very interested in seeing if any fur begins to fly from legal catfight or two that could very easily manifest between the insider who took this bath and the George Sharp/OTC faction that is questionable regarding their action as regards the CE scarlet letter. $580K may not be huge money but its borderline sizable enough to have your lawyer write a serious challenging letter or two.

We'll see.

Oh and does anyone have a handle on the date of the promised Q3 financials (they are promised in the link you provided, i-like-bb-stock, where it says:

SUPPLEMENTAL INFORMATION STATEMENT
STATEMENT OF CHANGES IN LONG TERM DEBT On November 9, 2017, Favored, Inc., negotiated an agreement with a debt holder to extinguish debt in the amount $580,000.00 in exchange for 5,000,000 restricted shares of its common stock.
This change will be reflected in the company’s Q3 Report.
Dated: November 10, 2017



Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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