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Re: Alleyba1 post# 49502

Friday, 04/13/2018 7:01:16 PM

Friday, April 13, 2018 7:01:16 PM

Post# of 82683
Agree. And just to let everyone know, I am a free member and can not respond to PMs right now. I lost my job and can not afford membership at this time but I will make some nice bucks on IFUS to help out my current crisis. Now, I agree exactly with what you posted and I conclude that same thing you posted after reading the court documents. Looks like IFUS / MW was paying back the money but something went wrong. Here is how I see it. They were repaying money to Steve and I think that is ethical even if Steve did not play fair. 2 Wrongs never make a right. That being said, I do not think Steve would have to buy shares to take control of IFUS but I do think there would need to be a majority vote for Steve to be CEO. At this point, the debt that Steve holds on IFUS has to give him a degree of controlling interest. This could boil down to do we do it the easy way or hard way. I do not know Steve but I have heard others speculate that he could screw every IFUS shareholder if he was given the power. I get that but it makes no sense on why he would take over the shell just to hurt the shareholders. I am certainly not an expert on corporate take overs and would have to advise any concerned IFUS shareholders to consult with proper legal professionals as opposed to reading a blog for serious matters such as this.