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Re: IAPT post# 18465

Tuesday, 06/09/2020 12:58:00 PM

Tuesday, June 09, 2020 12:58:00 PM

Post# of 31857
I actually believe that some company held a lot of convertible preferred shares in ETEK, and was never paid by previous owners of $ETEK. Then when @EmergentLlc took over, the TA had to alert those lenders and creditors(all toxic debt). It is possible that they are converting those shares and dumping them on the market. EmergentLlc might need to cancel several million shares, in order to make this an attractive shell. Previous owners ran it into the ground. If EmergentLlc had gone after a company like $AMLH, with it's domant manager, it likely would not have been so difficult. Right now I do not see the light for $ETEK, until conversion and dumping is complete. Then, they must file an 8K, submit an OFFICIAL ATTORNEY LETTER, then CANCEL one or two billion shares, update this to OTC Markets, which will cost them money. If patient, you will get your .0001. This is going to take some time to clean up this mess! I'm only still here because I was in too deep long ago, and want my money back, and need to see it do something. I wish I had the time to have gone after them in court. So , I will commend EmergentLlc, at least for that... But that is not enough. They are the ones we are hoping will clean up the shell.