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Re: None

Tuesday, 05/21/2019 6:58:21 PM

Tuesday, May 21, 2019 6:58:21 PM

Post# of 17229
Did you see the 8K this part is gold:

https://www.sec.gov/Archives/edgar/data/1653821/000143774919010229/cenb20190516b_8k.htm


According to the Term Sheet, prior to Closing, CSOC agreed to undertake certain actions, which are conditions precedent to the Closing, and which include the following: (1) CSOC converting all of its outstanding debt into shares of CSOC Common Stock, (2) CSOC filing a Form 10 Registration Statement with the SEC and filing a Form S-4 Registration Statement with the SEC, (3) CSOC effecting a reverse stock split of the CSOC Common Stock such that at the Closing, no more than 28,000,000 shares of CSOC Common Stock are issued and outstanding and (4) CSOC amending its formation documents to be in a form reasonably agreed to by CSOC and the Company.



So before any deal can happen CSOC has to convert all of its dirty debt into free trading stock and dilute it into the market and then has to do a reverse split.

Put me on the record now saying that this deal will never close. Richard Tang just did the "proposed" deal with Bill Chabaan so that he could have excuse to dilute and to try to get FINRA to approve a reverse split.

Then the "proposed" deal will be terminated. There is no way that CSOC will ever file a form 10. This shell is way too dirty they don't want the SEC sniffing around finding out all the dirty crap that has been going on with this shell.

Bill Chabaan and Cen Biotech Inc. LOL! Penny Stock traders must have short memories if they don't remember the FITX scam that involved Cen Biotech and got suspended by the SEC or that Cen Biotech once traded as CENBF before getting revoked.

Due diligence by nodummy:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148873784
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