Part of the statement could be true. After shareholders give up 98% of their shares, all 10 shares they have of the new company could trade for .05 or bitcoin? However, h-j-oe right now has an unknown amount of outstanding shares as they have been handing out shares like candy. h-j-oe raised the authorized to 50 billion just before getting revoked. As a private company who doesn't need to file anything with any agency, nor reveal what it's treasury is doing with it's auth shares, there's no way to know the status of share count.
Looking at the very last 10Q there was over 9 pages of debt created by share issuance. h-j-oe is totally buried in unmanageable debt and litigations.
Veal and adamsons move into blockchain screams of desperation and conniving to try to find a way out of debt the easy way.
Instead of taking responsibility for the drink and jerky failures, they are jumping ship, leaving everyone to sink and jumping onto the next big thing, ICO's and blockchain. Too bad they're too late to the party as veal and adamsons 'recovery' plan in it's convoluted state is already getting shut down across the country with other scams trying the same structure ploy.
Things are already bad for shareholders, just wait until they announce the r/s or 'reverse merge' for the good of the shareholders and giving h-j-oe shareholders 1 share of their amazing non existent company for probably ALL their h-j-oe shares. veal said it himself, h-j-oe isn't going to trade again, but his new improved unknown creation, could, maybe, at some point, perhaps, trade in some unknown way.
Happy 2018 h-j-oe private shareholders. Been noice to know ya!
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