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Re: LarryBear40 post# 24356

Friday, 03/06/2020 2:45:16 PM

Friday, March 06, 2020 2:45:16 PM

Post# of 31828
Those 110 million shares you are talking about are the block of spin-off shares and the block owed to V Group. According to Buzzy, I am confident our spin-off shares will be issued as planned. He has negotiated, they agreed to to issue preferred shares to V Group, and they can be converted to free trading directly to shareholders after 6 months. The wording here is a little confusing though I am encouraged! smile

I'm not sure if Buzzy meant that V Group would have to hold the preferred shares another 6 months till mature and then issue directly to us as free trading shares or, like before, we would receive a CUISP # now, or as soon as V Group gets them, and then 6 months later they would become free trading after the lock period. Anyway, the preferred shares have not been issued to V Group yet but lawyers are working to insure that it gets done! Medi Mike really messed up a tremendous opportunity here; looking forward to announcements of the new plan for $LOFB...
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