Suncliff Inc (SCLF)

[Timing101]

Mr. JimBob and all .. reposting Doug's reply to an email
from Dec 4, 2018 , have posted before. In retrospect
Doug and the others have been transparent.. so if you look
to Doug's statement... makes one think they indeed needed
to wait a year for Jake to become able to do things.
--
It has been five months since this reply and in August
of 2018 is when Jake took over... that is my timeline now
TIME WILL TEll.. but also interesting that many CBD
OTC stocks appear to be on an upswing lately .. many that
have very little DD to support them also.. so one would
think it is time for Greenlink to get back on the Wave
======

Doug Macdonald <[e-mail]>
Tue, Dec 4, 2018, 12:06 PM
to [e-mail], [e-mail], Judy, [e-mail], me, Raonall

Michael – Thanks for your comments. I can advise that I do read the ongoing postings on the message board and I am continually surprised and impressed with the level of due diligence done by the drilling down within not only GreenLink’s ongoing operations but the workings within the OTC and market-maker involvement, I can advise I have learned a lot from the collective group and it is appreciated. I can advise that the historic management has been working continually in regards to getting our financials audit ready. As you can determine in the review of our last Annual SEC filing prior to our Form 15 in March 2014 submission E-debit at the time had numerous subsidiaries all of which were all Canadian based.



I take the hit on the fact we had so many subsidiaries which to ensure our compliance as being a fully reporting issuer saw each of the subsidiaries having to complete audited financial statements in Canadian GAP by our Canadian Auditor and then have them converted and re-audited by our US auditor to meet US GAP. As you can determine for 14 years we met our filing requirements without comment (other than 2 minor comments which were quickly responded to and dealt with) but the cost of the audits and the ongoing legal cost, not only financial but in compliance timing was becoming hard to manage both within the Human Resource side and the financial site ($225.000 to $250,000 annually). At the same time our predominant shareholder group were Canadians and during October 2013 the Canadian Securities Administrators adopted Multilateral Instrument 51-105 related to issuers (WSHE) quoted on the US Over-the Counter Markets. To keep it simple all the Canadian Shareholders holding WSHE shares in their trading account were advised that the Canadian Brokerage houses would no longer trade the stock and in a great deal of cases requested the Canadian WSHE shareholders to remove their shares from the brokerage firms. This holds true to this date. This was after the company became a fully reporting issuer with the British Columbia Securities Commission and the Alberta Securities Commission and completed all its SEC equal filings on the Canadian SEDAR registry.



To clarify further if you check on the OTC markets link you will see two Cease Trade orders one from the Alberta Securities Commission and one from the British Columbia Securities Commission. Both were originally issued upon the company filing the Form 15 in March 2014. Filing the Form 15 removed the corporations requirement to file quarterly and annual SEC audited financial statements as a reporting issuer and moved the listing to the OTC pink sheets. Both Alberta and BC Securities Commissions advised they would issue the Cease Trade notices due to the Company not filing the audited financials which we no longer had to prepare as a Colorado incorporated company.



Over the past several years we moved or otherwise re-organized most of the minor active subsidiaries (some were formed in US jurisdictions for the establish related business operations in the US) outside of WSHE. Since late fall in 2015 as has been previously reported in the E-Debit web-site (prior to GreenLink’s) we focussed on finding a real deal business relationship which the Company’s significant Non-Capital Losses could be utilized for the benefit of profitable business operation which the purchase of the Assets of Affordable Green Holdings at the start of year holds.



The one last major hurdle for completion of Greenlink’s financials was to bring two Canadian subsidiaries fully audit ready (complete Canadian Audit done) one of which Westsphere Capital Group Inc. was kept active while we searched out the right US business operation (AGH) to ensure the Company did not come a “brief case” Corporation and had business operations within it to keep our status as a listing company on the OTC markets. The remaining financials related to previous Canadian operations are now complete and are available for GreenLink consolidation.



In regard to the current Alberta and BC Securities Commission cease trade matters the Company is engaged in the filing of Form 51-105FR which is titled Notice – Issuer (WSHE) ceases to be an OTC Reporting Issuer which is submitted under Section 4(1)(a)(b)(c) and (d) of MULTILATERAL INSTRUMENT 51-105 (Issuers quoted in the US Over-the-Counter Markets. This filing outlines that the Company does not have any Canadian business operations and the “Mind and Control” of the Company has no jurisdictional presence in either Alberta and British Columbia or anywhere else in Canada. I fully expect the Corporation will not have any issues with the BCSC, but with one caveat in Alberta due to the fact that I took over the role of Acting President of WSHE after the passing of Coby Boyce until the appointment of Jake George as President and CEO and the fact that I reside in Alberta and remain a Director. We are seeking legal advice as to timing of the submission which might have to wait until Jake’s term has completed one year.



Hope this gives you some insight as to our administrative progress related to pre-GreenLink operations.



Best regards – Doug Mac Donald, Director WSHE