After the SQCC stock is issued to $MLHC, they will have a controlling interest in SQCC that is pretty clear in the PR. You will just have to wait for the filings to come out. You either believe it or you don't it is as simple as that. The only way this works is "as a part of the transaction the preferred shares of the previous employees are returned to the treasury"
*** NOW IN BLACK & WHITE ***
The stock being issued to M Line Holdings, Inc. for these companies gives M Line a controlling interest in SQCC.
Furthermore, Mr. Jeffrey Parker has resigned from his position as a director and CEO of SQCC and Mr. Anthony Anish has been appointed CEO and Mr. Jitu Banker CFO and Directors of the Company. Future plans include appointing additional Directors in the near future.
https://app.newmediawire.com/news/5c92e5518d17ef0004275f0b?source=twitter
OLD filings do not include recent events
FUTURE filings do
CASE Closed
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM