Ok had time to back my reason to why the LAM settlement is complete and we are done or damn near with this note that has been killing this pps follow me with this
September 26, 2017, the Circuit Court of Baltimore County, Maryland (the “Court”), entered an order (the “LAM Order”) approving, among other things, the fairness of the terms and conditions of an exchange pursuant to Section 3(a)(10) of the Securities Act of 1933, as amended (the “Securities Act”), in accordance with a stipulation of settlement, pursuant to the Settlement Agreement between the Company and LAM, in the matter entitled Livingston Asset Management LLC v. Textmunication Holdings, Inc . (the “LAM Action”). LAM commenced the LAM Action against the Company to recover an aggregate of $414,507.08 of past-due obligations and accounts payable of the Company (the “LAM Claim”), which LAM had purchased from certain vendors of the Company pursuant to the terms of separate receivable purchase agreements between LAM and each of such vendors (the “LAM Assigned Accounts”). The LAM Assigned Accounts relate to certain contractual obligations and legal services provided to the Company. The LAM Order provides for the full and final settlement of the LAM Claim and the LAM Action. The Settlement Agreement became effective and binding upon the Company and LAM upon execution of the LAM Order by the Court on September 26, 2017.
Here is the O/S end September 30th
Common stock; $0.0001 par value; 250,000,000 shares authorized; 1,705,528,630 and 199,404,940 shares issued and outstanding, respectively
Now the most recent O/S from the ownership agreement with GS Capital
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.29% based on the January 2, 2017 outstanding share count of 2,435,178,645
Now the fun part a little math you will see that the January 2nd O/S
2,435,178,645
Minus the September 30th ending O/S
1,705,528,630
And you come up with 729650015 that hit the market since September 30th until January 2nd
Keep on coming almost done.....
.0004 is the average price that they have been dumping shares at some days higher some days lower but .0004 is a good average price of conversions remember there’s no discount so they get the shares at share price
729650015x.0004
$291,860.006
That’s is how much they had converted up to January 2nd now add the 260 million shares that hit the market Friday through that cross trade
260,000,000x.0004
$104,000
Now add it all together and you come up with
$291,860.006
$104,000
$395,860.006
This number is pretty damn close to that
$414,507.08 owed this is what I am
Able to prove been converted giving that I saw the cross trade I have not accounted for the 2 weeks leading up to yesterday meaning if they converted anything after January 2nd until yesterday just means that the amount paid just rises but being that it was such a big cross trade I am willing to bet this was the end of it
Good luck everyone!!!!
