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Re: MG-Trader post# 5699

Thursday, 09/20/2018 2:37:04 AM

Thursday, September 20, 2018 2:37:04 AM

Post# of 12500

"On December 7, 2017, the Company entered into a Share Exchange Agreement (the “ Exchange Agreement ”) with Linux Labs Technologies, Inc., a Georgia corporation of which the Company’s Chief Technology Officer and the Chief Executive Officer, President and Chairman of the Board of Directors have voting and dispositive control (“ Linux ”). Pursuant to the Exchange Agreement, the Company issued 100,000 shares of Series A Non-Convertible Preferred Stock to Linux, in exchange for 500,000,000 shares of the Common Stock of the Company.


THIS AGREEMENT SHOULD NOT BE EFFECTIVE UNLESS A FILING WITH THE SECURITIES AND EXCHANGE COMMISSION (SEC) FORM 8-A12B REQUIRED WHEN A CORPORATION WISH TO ISSUE CERTAIN CLASSES OF SECURITIES INCLUDING RIGHTS TO BUY SUCH SECURITIES AT A FUTURE DATE.


A LONG WAIT FOR NEWS...

ON 07/02/2018 The company filed with the (SEC) regarding the EXECUTION of the share exchange.

Securities Registration (section 12(g)) (8-a12g)
https://ih.advfn.com/p.php?pid=nmona&article=77789203

IMHO:))PENDING MERGE/BUYOUT AS STATED BELOW...

"As a result, Linux has the ability to control the Board of Directors and significantly influence the outcome of issues submitted to our stockholders. As a consequence, it may be difficult for investors to remove our Board Members and/or management. The ownership by Linux could also deter unsolicited takeovers, including transactions in which stockholders might otherwise receive a premium for their shares over then current market prices.

THE SILENT DURING THE QUIET PERIOD IS THE NORM.

The SEC guidelines during the "QUIET PERIOD"

Guidelines
During a Quiet Period, a publicly listed company cannot make any announcements about anything that could cause a normal investor to change their position on the company's stock. Normally, that means the company does not discuss any of the following:

New deals or wins signed in that current quarter.
Announcements about previously sold implementations going live are allowed but must be explicitly described as such.
Management changes
Progress against company goals
Major product or service announcements
Major partnership announcements

https://www.sec.gov/fast-answers/answersquiethtm.html
https://en.wikipedia.org/wiki/Quiet_period






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