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Saturday, August 29, 2020 5:52:10 PM
That being said, I am glad you posted all this because it adds some pieces of the puzzle that I have been missing and couldn't figure out. I never thought to look at the trademark paperwork (this is why it is good to have a board like this with people from all walks of life, it gives different perspectives). As thorough as you were about the trademark information it leads me to believe that you have read all the DD this board has posted and listened to all the interviews and podcasts done by Don. So I won't rehash any of that.
Here is my take on it. Kyle Kennedy is in love with himself and the idea of being a treasure hunter. (He may or may not ever find those stupid sunken ships, it is irrelevant to SOLS, and I would never invest in SFRX. It is a joke.) Kyle is very charismatic which allows him to make connections and gives him access he otherwise wouldn't have. We all know those type of people. From What I have researched about Don is that he is a very intelligent individual who has a unique skill set (he is an IT genius). This set of skills allowed him to create a business that became more successful than he thought it could because of his relationship with Kyle Kennedy. (direct qoute from Don in podcast interview). Through his relationship with Kyle he was able to make connections in DC and other government agencies which allowed P&S to become profitable and allowed them to research and develop his BLOCKCHAIN ARCHIVE SERVERTM.
As you know from the DD SFRX owns 10million shares of P&S. We have no idea how big of a piece of the pie that is. P&S could only have 40 million shares which would mean SFRX would own 25% of Don's company (disclaimer...these numbers are for example purposes only and are not accurate to my knowledge). So this is where it all becomes clear. Don created Eagle Lake Laboratories and merged it with SOLS so that he is the sole owner of SOLS and he trademarked BLOCKCHAIN ARCHIVE SERVERTM under eagle lake laboratories so that he has the sole rights to it. So to recap the server was created by DON and his P&S employees (why in the trademark application it stated it was previously used in commerce) and in order for SOLS not to give someone who hasn't earned it (Kyle Kennedy, who owns 10 million shares of P&S) millions or billions of dollars if this server becomes huge Don created Eagle Lake Laboratories and merged it with SOLS. So what we know is SOLS is a debt free entity (gong into the merger) who owns a proprietary blockchain server that is currently in service at 5 Ashley furniture stores. Who knows how many more have been sold since then. That was just the initial PR that tells the world that SOLS is open for business.
Please let me know (in your opinion) if there is anything in this that I am missing or drastically over reaching in making connections or assumptions. This is just my best guess given all the information we have up to this point. Personally I am thrilled that SFRX will not own 10 million shares of SOLS. Also, if they retire those 395 million restricted shares along with the reverse split we are looking at an OS of roughly 8 million with a float of 8 million. Those are pretty good numbers for a startup tech company who has a working product that no one else has. We have the only BLOCKCHAIN SERVER ON THE MARKET.
Welcome to the board and I look forward to further discussions.
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