InvestorsHub Logo
Followers 281
Posts 25970
Boards Moderated 6
Alias Born 01/27/2009

Re: zombywolf post# 50724

Friday, 03/30/2018 1:57:11 PM

Friday, March 30, 2018 1:57:11 PM

Post# of 54143
It is simple. "From Charles Townsend" means he held the control shares. If "fulfillment of certain conditions associated with said transfer" doesn't happen Townsend would still hold the control shares. The control shares haven't been transferred as of the last public disclosure so neither would the $75k. Both should be in escrow.
"uncertificated voting control preferred shares constituting 35,000,000 of the 50,000,000 authorized “Series A Preferred Shares” from Charles Townsend to Rosemont Shepherd Management, LLC, representing 72.7% of the voting control of the issuer, are currently held in escrow pending the fulfillment of certain conditions associated with said transfer

My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.