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Wednesday, September 11, 2019 7:38:11 AM
That same page also states that Costello's shares were purchased from Flechner and Cutler. They owned 56% of the company. That's what Costello bought.
Some of the pumpers will point to the fact that debt was discharged upon the completion of the sale. Ross' 10% EQUITY (common shares) is not the DEBT that was discharged.
There was no mention of Ross' shares in the "subsequent material events" section of the 10K. Hence, one must conclude that Ross, a key player when the company was pumped and dumped in 2012 is still involved here.
Ready when you are Mr. Ross!
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