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Tuesday, 10/16/2018 7:14:51 PM

Tuesday, October 16, 2018 7:14:51 PM

Post# of 44222
Can anyone help to interprete the following sentence (in red) in the PR from October 9, 2018? :

NEW YORK, NY / ACCESSWIRE / October 9, 2018 / On September 21, 2018, Jack Namer, formerly the sole officer and director of Ethos Media Network, Inc. (EOMN), sold his common and preferred shares of EOMN to Reliance Capital Group, LLC ("Reliance"), a New York-based limited liability company. Amy Nalewaik, also a principal shareholder of EOMN's common stock, sold her shares in the transaction. Mr. Namer also resigned as the sole officer and director.

https://www.accesswire.com/513651/Ethos-Media-Networks-Inc-EOMN-Announces-a-Change-of-Control

Does that mean that

1/ Amy Nalewaik sold her position (15 million shares) in the open market to us, shareholders, through MM CGFN?

or

2/ Amy Nalewaik sold her position (15 million shares) to Reliance Capital Group LLC? (in that case these shares will NOT be sold into the otc market)

What do you guys think?

P.S. It can't be Jack Namers' shares (the old CEO) because his shares have been sold to Reliance.
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