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Monday, February 04, 2019 1:28:54 PM
According to public filings with the OTCmarkets and the SEC, Richard owns all the debt and all the shares that are not currently in the float.
So, it’s a fact that if there were to be any dilution it would have to come from Richard.
Fact 2) richard Tang is an officer and director of CSOC and therefore an affiliate/insider and would be subject to the restrictions of rule 145. Meaning, if he were to sell he would be legally required to report the sale of the shares via Form 4.
Fact 3) This would have to be filed on Edgar which then posts it everywhere (sec, Edgar, otcmarkets).
Fact 4) After a qualifying event (the conversion and sale of the shares) you have 3 days to file a form 4 with Edgar.
Fact 5). There have been NO FORM 4s filed on CSOC.
FACT 6) there has been 0 dilution and anyone claiming otherwise is a liar.
Food for thought, even if there was dilution (there isn’t) richard would be limited under the 1% rule. Meaning he could sell 1% every 90days. At these levels it wouldn’t be worth the price of hiring a lawyer for an opinion letter, opening a brokerage account, paying brokerage fees (which is in the thousands to tens of thousands).
So, not only is he not diluting, he is allegedly CANCELLING and RETIRING debt.
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