Sunday, June 07, 2020 3:04:51 AM
1. "The Company has been inactive since July 23, 2015. On April 6, 2020, under the direction of its Court-appointed custodian, David Lazar, the Company was reinstated in good standing in Nevada."....link below shows his Court-appointed custodianship on page 8 under NOTE 1 ORGANIZATION AND DESCRIPTION OF BUSINESS....
https://backend.otcmarkets.com/otcapi/company/financial-report/248361/content
2. Who is David Lazar...."David Lazar is currently the CEO of both Custodian Ventures LLC & Activist Investing LLC which specializes in "Turnaround Situations" via Activist Investing in distressed public companies. David has a diverse knowledge of financial, legal and operations management; public company management, accounting, audit preparation, due diligence reviews and SEC regulations."....click on link below to see his successful business with Custodianship and Merger plays....
https://www.otcshellreverse-merger.com/
3. The Outstanding Shares for LGBI are 648,118,117....It has not changed for years....link below shows share structure as of June 4, 2020
https://www.otcmarkets.com/stock/LGBI/profile
4. Both Dec 31, 2019 Annual Report and March 31, 2020 Quarterly Report were filed on June 1, 2020 after 5 years of no filings....Attorney letter should follow shortly....link below shows the most recent filings on OTC Markets....
https://www.otcmarkets.com/stock/LGBI/disclosure
5. According to pages 3 and 4 of newly uploaded 2019 Annual Report and March 31, 2020 Quarterly Report THERE ARE NO NOTES THAT HAVE BEEN ISSUED for this stock....JUST ABOUT UNHEARD OF FOR AN OTC STOCK....click on link below to see the most recent filings for Debt Securities, Including Promissory and Convertible Notes....
https://backend.otcmarkets.com/otcapi/company/financial-report/248361/content
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