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Saturday, November 16, 2019 1:59:03 AM
when you guys do your REAL dd to figure this out, let me know. here's a bit of the nuance details that is being missed but is VERY crucial. this is not merging with lust for life group. this company is not merging with lust for life, llc. this company is merging with lust for life NEW YORK, llc. via Blind Faith Concepts two different entities. hence, why the trademark for lust for life on the new website is different from the the trademark for lust for life, llc. notice that the language in the filing was ammended to clarify that the actual entity the agreement is being made with is NOT Lust For Life Footwear, LLC but Lust for Life NEW YORK, llc. that is a MAJOR detail that is obviously being overlooked. and, i think when the financials are issued, you guys will see and be shocked that they will not be for LUST FOR LIFE FOOTWEAR, LLC. this is a huge correction and difference that most if not all of you have overlooked, either intentionally or subconciously. imo, that explains the difference in the logos. see link below for LUST FOR LIFE FOOTWEAR, LLC which retails shoes in Forever 21 and other retailers, which is not a part of this merger. on the other hand, LUST FOR LIFE NEW YORK's logo is has the numeral 4 in the design. rbnw has merged with the latter. the language in the ammended 8k also lets you know that it was important for them to make the correction. hence, the "upon further due diligence...the proper structure of the transaction has been amended." no wonder the retail website for this merger company looks so rinky dinky. i think the disappointing details will be in the financials whenever they finally come. at any rate, check the link below and scroll down the page to see the logo for the affiliated company that is NOT merging with rbnw and is the the profitable arm:
https://www.corporationwiki.com/p/2jo7d9/lust-for-life-footwear-llc#corprecords
Upon further due diligence, management determined that although the final issuance of 77,789 shares of Series B Preferred Stock of the Company is correct, the proper structure of the transaction has been amended. Pursuant to an Omnibus Amendment Agreement between the Company, Lust for Life New York, LLC, a New York limited liability company (“Lust NY”), Blind Faith Concepts, Inc., a New York corporation (“Blind Faith”), (the “Amendment”) he Company purchased 100% of Blind Faith. Blind Faith ownership, as a matter of percentages, was equal to the exact percentages of Lust for Life membership interests. Therefore, on August 23, 2019, owners of Blind Faith representing 100% of the total issued and outstanding shares were issued, collectively, 77,789 shares of Series B Preferred Stock of the Company (“Series B Preferred”). As a result, the Series B Preferred shares were issued as follows:
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