Viva Entertainment Group Inc (OTTV)

[4toSchool]

Is saying in a S-1 filing "We will not receive any proceeds from the sale of the shares by Ignition" when it turns out the guy that runs Ignition (Collision Capital) is/has already converted OTTV shares indicative of wrongdoing?https://www.sec.gov/Archives/edgar/data/1479000/000126493118000004/vivas1.htm

The language reads that OTTV will not receive proceeds from the sale of shares. The whole purpose of the offering was to pay Ignition through the issuance of additional OTTV shares that they can liquidate for services rendered.