Friday, March 01, 2019 1:13:12 AM
Their fake resignations were to get stock freed up of friends and family, and this stock is what is secretly flooding into the market and driving GEX below one penny. It also allows them (at least they think it allows them) to hide money they have been receiving from GEX or its subs, and funneling GEX money to entities they control.
Srikumar and Shaheed claim to have created a preferred stock class (which only they own) that gives them an undiluted 51% voting power and all of this was done without proper filings and notice to GEX common stock shareholders. They even lie on their 14-C which is evidenced by their claim that on February 21st: "There were 60,171,942 shares of Common Stock issued and outstanding as of the Record Date and 800,000 shares of Super Voting Preferred Stock issued and outstanding as of the Record Date."
OTC Markets lists the outstanding stock at 63,019,400 on February 21st. Either Srikumar and Shaheed are issuing deceptive statements to the public or their transfer agent is falsely reporting the outstanding stock. One of many examples of why they are all being investigated.
Recent GXXM News
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