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Re: DISTATRADE post# 26074

Monday, 01/06/2020 9:22:54 PM

Monday, January 06, 2020 9:22:54 PM

Post# of 26961
biscardi is such a carnival barker clown crook.
Still waiting on reports of income? 3 years later? Is Thomas C. Biscardi gone? When did tom hand the reins over to his son carmine? And when did cellura suddenly become ceo? At the same board/shareholders meeting last month? And when was tom carnival barker biscardi going to tell his adoring fans of all these changes? Only can find them on Edgar after the fact. Does biscardi still have his fb page? Where only the insiders are allowed to read or post?

Still waiting on reports? 3 years going?


b. Compensation to the Company for the Distribution of new feature-length films is based on past performance of previous productions with up-front funding and projected royalties over all distribution channels. The Company completed production of the first of the new feature-length films in July 2017. The film was edited and released in August 2018 through various channels, and the Company is awaiting sales reports from the distribution company.

And then, just one of biscardi convoluted money grabs by creating shares for himself out of thin air. Instant dilution into the billions. This time in cahoots with his son carmine.

NOTE 8 - SUBSEQUENT EVENTS

On November 4, 2019, 500,000,000 shares of Preferred Series A Convertible stock were issued to the CEO Carmine T. Biscardi as authorized by the Board meeting during the period ended October 31, 2019.


Nice, just so happens this is next:

On November 8, 2019, 178,000,000 shares of Preferred Series A Convertible stock were converted to 4,272,000,000 shares of common stock.

On November 13, 2019, the CEO Carmine T. Biscardi entered into a share purchase agreement with Lord Global Corporation and Joseph Cellura to sell 322,000,000 shares of Preferred Series A Convertible stock and 4,500,820,000 shares of common stock. This agreement transferred controlling interest of both the Preferred Series A (100% issued and outstanding) and common stock (51.16% issued and outstanding).


But wait, there's more...first he makes money with insiders above,

"On December 9, 2019, the standing Board of Directors held a meeting and elected a new officers and Board of Directors. All Officers will also serve on the Board of Directors."

Anyone wonder if cellura is now on the board? Oops, he is, as CEO just now. And isn't lord global, biscardi's own subsidiary?- or "arms length" personal atm?

"On December 13, 2019, the Company by vote of majority shareholders and unanimous consent of the Board, approved a 100,000 to 1 reverse stock split.
On December 16, 2019, the Company filed with the State of Nevada a Certificate of Change registering the 100,000 to 1 reverse stock split for both Preferred Series A Convertible stock and common stock."


So, instant dilution, instant cash from shady stock deal, then more instant cash because his 320 million preferred will be converted after the split back up to almost a million, which he will be able immediately as they will be common to sell into P&D for the fake after split higher price, until it drops right back to sub penny.

If anyone was keeping score, biscardi has done this type of ripoff at least 4 times in the last few years. Someday soon, he will have to answer that SEC wells notice. Biscardi never settled all the SEC letter requests back in 2016.

And on the 100,000 r/s, in the most recent submission to SEC/edgar is this statement...


"On December 13, 2019, the Company by vote of majority shareholders and unanimous consent of the Board, approved a 100,000 to 1 reverse stock split. On December 16, 2019, the Company filed with the State of Nevada a Certificate of Change registering the 100,000 to 1 reverse stock split for each class of stock. The reverse stock split has not yet been approved by FINRA."

https://www.sec.gov/Archives/edgar/data/1569568/000149315220000002/form10-qa.htm

Looking under this company name at the top of all the 10q, 8K etc etc.. Bigfoot Project Investments Inc.

Yet BIGFOOT PROJECT INVESTMENTS INC (Filer) CIK: 0001569568 does not show up on Nevada sos? What company did they file with? Nothing bigfoot or biscardi comes up. Did the biscardi's change the name and sold off without telling anyone?
Did bigfoot eat the whole family shebang? A lot going on with this monster scam, mostly behind the curtain. As usual. And as usual, the shareholders are the biggest losers with biscardi.

And why doesn't biscardi's stock structures ever match or make sense?

"The number of shares of Common Stock, $0.001 par value, outstanding on December 30, 2019 was 8,796,721,903 shares."

Same form...you don't add those together, it shows an increase of 420 million shares in only three months.

Stockholders’ deficit

Common stock, $0.001 par value; 19,500,000,000 shares authorized, 4,853,112,943 and 4,433,279,043 issued and outstanding as of October 31, 2019 and July 31, 2019.


https://www.sec.gov/Archives/edgar/data/1569568/000149315220000002/form10-qa.htm