Powerbattles with this very detailed $PMPG 8K-MUST READ!
IT IS MY VERY STRONG OPINION THAT ONCE SHAREHOLDERS and prospective investors FULLY READ THIS $PMPG 8K THEY WILL QUICKLY REALIZE A FEW MAJOR DUE DILIGENCE DISCOVERIES THAT SHOULD GREATLY AFFECT THE STOCK PPS. WHEN ONE GOES TO SEC-EDGAR ONLINE they will find the Myriad Agreements and Merger disclosures. IT CAN NOW BE CONFIRMED IN THIS 8K that a PRIVATE COMPANY IS MERGING IN- to $PMPG .
NOW EVERYONE NEEDS TO READ THIS PART CAREFULLY —
SELLER AGREEMENT - read THE FOLLOWING clauses regarding the SELLER AND BUYER. THE FOLLOWING CLAUSES - E, F, G, H. NOW - EVERYONE FOCUS ON CLAUSE “I” This is simply a massive confirmation!
This Agreement has been duly executed and delivered by the Seller. This Agreement constitutes, or shall constitute when executed and delivered, a valid and binding obligation of the Seller enforceable against the Seller in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, liquidation, conservatorship, receivership or similar laws relating to, or affecting generally the enforcement of, creditor’s rights and remedies or by other equitable principles of general application.
(e) There is no private or governmental action, suit, proceeding, claim, arbitration or investigation pending before any agency, court or tribunal, foreign or domestic, or, to the Seller’s knowledge, threatened against the Seller or any of Seller’s properties. There is no judgment, decree or order against the Seller that could prevent, enjoin, alter or delay any of the transactions contemplated by this Agreement.
(f) There are no material claims, actions, suits, proceedings, inquiries, labor disputes or investigations pending or, to the Seller’s knowledge, threatened against the Seller or any of its assets, at law or in equity or by or before any governmental entity or in arbitration or mediation. No bankruptcy, receivership or debtor relief proceedings are pending or, to the Seller’s knowledge, threatened against the Seller.
(g) The Seller has complied with, is not in violation of, and has not received any notices of violation with respect to, any federal, state, local or foreign Law, judgment, decree, injunction or order, applicable to it, the conduct of its business, or the ownership or operation of its business. References in this Agreement to “Laws” shall refer to any laws, rules or regulations of any federal, state or local government or any governmental or quasi-governmental agency, bureau, commission, instrumentality or judicial body (including, without limitation, any federal or state securities law, regulation, rule or administrative order).
(h) The Seller is aware of the Company’s business affairs and financial condition and has reached an informed and knowledgeable decision to sell the Shares.
(i) Seller acknowledges that it is aware of and acknowledges that it is the intention of the Company to cause the Company to consummate a merger with a private company following the Closing. Seller acknowledges and confirms that it understands that, upon consummation of that merger, it is likely that each Share will increase in value, possibly substantially.
THAT IS A MAJOR MAJOR MAJOR DISCOVERY HIDDEN WITHIN THE FILINGS just RELEASED! AGAIN - this is the language being used by the new ownership /management THAT THEY ARE CONSUMMATING A MERGER WITH A PRIVATE COMPANY WITH CLEAR VALUE!!!!
IT IS THE intention of the Company to consummate a merger with a private company following the Closing. Seller acknowledges and confirms that it understands that, upon consummation of that merger, it is likely that each Share will increase in value, possibly substantially
