Bangi Inc (BNGI)

[surfkast]

I smell a class action law suit against the SEC.

Now that is funny!

Not only a SEC suspension, but a DTC Global Lock.

Must be some very serious violations for both to be imposed.


Here is some background with documented links.


Update. Bangi, Inc. Suspension of DTC Services – (SYMBOL: BNGI; CUSIP: 05989W103)

https://www.dtcc.com/search?q=BNGI


Allegedly some big fish are/were claimed to be involved.

Cannabis Real Estate Firm BANGI, Inc. Appoints Entertainer And Entrepeneur "Ray J" As Strategic Digital Media Consultant


Cannabis Real Estate Firm BANGI, Inc. Appoints Music Mogul & Founder of Destiny's Child Mathew Knowles as Chief Marketing OfficerPress Release | 07/22/2019



8 K filings, but they are non reporting.


UNANIMOUS CONSENT TO ACTION IN LIEU OF A SPECIAL MEETING

OF THE BOARD OF DIRECTORS OF BANGI, INC.



Pursuant to the Authority granted to Bangi Investments, LLC to take action without a meeting pursuant to the Articles of Incorporation of BANGI, Inc., a Nevada Corporation (the “Company”), do hereby consent to, adopt, ratify, confirm and approve, as of the date indicated below, the following recitals and resolutions, as evidenced by their signature hereunder:



WHEREAS, Director Willard Jackson twelve months term of service on the Board of Directors ended December 11, 2019;



WHEREAS, Director Willard Jackson continued to serve on the Board of Directors from the end of his term, December 11, 2019 to April 19, 2020;



WHEREAS, Director Hill Harper twelve months term of service on the Board of Directors ended February 9, 2020;



WHEREAS, Director Hill Harper continued to serve on the Board of Directors from the end of his term, February 9, 2020 to April 19, 2020;



WHEREAS, Director Rick Shykora twelve months term of service on the Board of Directors ended April 5, 2020;





WHEREAS, Director Rick Shykora continued to serve on the Board of Directors from the end of his term, April 5, 2020 to April 19, 2020;



WHEREAS, Chairman and CEO Neil Parsan has tendered his resignation from the Board of Directors on April 18, 2020;



WHEREAS, the Company believes it is in the best interest of the Company to accept Neil Parsan’s resignation;



WHEREAS, the undersigned Bangi Investments, LLC, being the 75% majority shareholder of Bangi, Inc., duly empowered to appoint new officers and directors and to consent and approve the actions of the Board of Directors;



NOW, THEREFORE, be it:



RESOLVED, that Directors Willard Jackson, Hill Harper and Richard Shykora terms of service on the Board of Directors has ended;



RESOLVED, that the resignation of Neil Parsan as Chairman of the Board of Directors and CEO of the Company is hereby accepted to take effect immediately;



RESOLVED, that Nicole Birch is hereby appointed Chairperson of the Board of Directors and CEO of the Company effective immediately;



RESOLVED, that the Officers of said Corporation be, and they hereby are, authorized to sign any and all documents and perform any and all acts on behalf of the Corporation, in their discretion, deem necessary, desirable and/or appropriate; and be it.




4



FURTHER RESOLVED, that the Chief Executive Officer and Secretary of the Corporation hereby are, and each of them with the full authority to act without the others hereby is, authorized, in the name and on behalf of the Corporation, to execute all other documents necessary to facilitate the actions of the Company as described herein, including making the necessary adjustments to the financial statements of the Corporation.



IN WITNESS WHEREOF, we hereby set our hands this 21st day of April, 2020.



Bangi Investments, LLC for Bangi, Inc.

By:

Nicole Birch, President


and




WRITTEN CONSENT TO ACTION

WITHOUT A MEETING

OF THE

BOARD OF DIRECTORS OF

BANGI, INC.



WHEREAS, in furtherance of the business affairs of BANGI Inc., a Nevada corporation (the “Company”) and in recognition of the Company’s present circumstances, the Board of Directors has deemed it appropriate to take the corporate action described herein without holding a meeting, the waiver and notice of which is unanimously acknowledged and agreed to by the Directors through their execution of this Written Consent to Action Without a Meeting (the “Written Consent”).



WHEREAS, the majority of Board of Directors, representing quorum, propose in the best interest of the shareholders, the removal of Rick Shykora from position of Corporate Secretary as he has failed to serve both the Board and the Company’s shareholders in a fiduciary manner;



WHEREAS, the majority of Board of Directors, representing quorum, propose in the best interest of the shareholders, the appointment of Nicole Birch to the position of Interim Corporate Secretary;



RESOLVED, that the majority vote of the Board of Directors hereby approve in the best interest of the shareholders, that Rick Shykora is hereby removed from position of Corporate Secretary as he has failed to serve both the Board and the Company’s shareholders in a fiduciary manner;



RESOLVED, that the majority of Board of Directors, representing quorum, hereby approve in the best interest of the shareholders, the appointment of Nicole Birch to the position of Interim Corporate Secretary;



RESOLVED, that the majority vote of the Board of Directors directs the Corporate Secretary that upon receipt of the requisite approval from shareholders representing a majority of 75% regarding the proposed corporate action, that such individual(s) shall file a certificate of amendment to the certificate of incorporation with the Nevada Secretary of State and it approves and adopts the resolutions contained herein as an act of the Company, with such approval to be conclusively evidenced by the execution of this Written Consent by the Board of Directors, as well as the preparation and execution of any and all other documents necessary to facilitate the actions of the Company as described herein;



RESOLVED, that the Secretary of the Company hereby are, and each of them with the full authority to act without the others hereby is, authorized, in the name and on behalf of the Company, to execute all other documents necessary to facilitate the actions of the Company as described herein.



Dated to be effective as of May 22, 2020.



/s/ Nicole Birch

Nicole Birch

Chairperson, CEO

Bangi, Inc.


https://www.otcmarkets.com/filing/html?id=14173682&guid=9cZaU6_tBeiBHth


Nicole Birch ran a Fundanna for Trans Atlantic Real Estate

BANGI Announces Strategic Alliance With Transatlantic Real Estate Press Release | 04/09/2019


Closed on 01/06/19

$1,021,000 amount committed




https://fundanna.com/equity/offer-summary/681-Transatlantic-Real-Estate,-LLC-Michigan-48236


Transatlantic property claim


2.- Asset appreciation. Very traditional hold strategy. We have a premium coastal California farm with easy freeway access, private commercial area, and extremely near the coast. This by itself will increase significantly over time.

The asset valuation is calculated and increases in 2 ways.

Land = Coastal California land in the Santa Barbara County.
Farm = Cannabis zoned and licensed farm in a highly desirable area, the lease rate per square foot will increase faster.


https://fundanna.com/equity/offer-summary/681-Transatlantic-Real-Estate,-LLC-Michigan-48236


Property owner

June 29, 2018
Robert Shumake
Robert S. Shumake Living Trust 1994
Louis Armstrong & Associates, LLC
3500 Via Real
Carpinteria, CA 93013


http://www.otcmarkets.com/financialReportViewer?symbol=GRNH&id=196857


Robert Shumake

He claimed diplomatic immunity. Feds at the Charlotte airport took his $250K anyway.


Court documents show that Shumake has been involved in similar forfeiture court fights involving more than $300,000 seized at airports in Atlanta and Los Angeles.

In both cases, Shumake argued that the cash was for the nonprofit and that as one of the group’s ambassadors he was protected from the law.


Along with the forfeiture cases in Atlanta and Los Angeles, Shumake was charged in Michigan with obtaining money under false pretenses, the document says. He also was arrested on felony drug-trafficking charges in California involving the possession of more than $100,000 in cash, the document says.



In her filing earlier this year, Nicole Birch, Shumake’s attorney in the Atlanta airport matter, said that Shumake had been appointed as a diplomatic adviser for the Human Rights Commission for the “American and African Regions,” and that the seizure of $170,130 at the Atlanta airport had violated international law and the U.S. Constitution.


https://www.charlotteobserver.com/news/local/crime/article222946285.html

And a little bit on the shares.


Outstanding Shares
8,061,487,035
03/08/2021


Common Stock outstanding: 3,710,847,335 January 31st, 2018