Friday, October 12, 2018 5:26:10 PM
Hostile take overs happen all the time and are completely legal. What if, Data 443 was created and then started buying shares in LDSR, enough so to gain majority control of the LDSR shell.
And what if, the original idea was to reverse merge the LDSR shell into the North Carolina entity of Data 443. But they realized that there was a few hurdles to pass in order to make that happen. So in comes Jason who is handed the keys to the LDSR shell by Alessi in December. From there he works to insert his name as the sole operator of the Nevada entity of the LDSR shell which happens in April. Once they get the all clear and Jason is in control, the lawyers advise them to nix the merger and simply have LDSR acquire Data 443 and all of the shares that they bought in the hostile takeover. All the while, Jason reports Q1 and Q2 properly as the LDSR shell had no revenues. And as for the shares, Ferda's posts are eluding to an exchange of shares. Could it be possible that the reason Jason was getting 1.2 billion shares for Data 443 was because they were simply trying to do a 1 for 1 exchange for the amount of shares Data 443 controlled? Again, this is grey area and I am simply speculating. I am no expert and don't claim to be. I leave that to the professionals and am simply bringing a theory to everyone's attention.
Blue Citi renegotiated the terms of the loans they provided. I don't think they would have done that if this wasn't on the up and up.
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