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Re: Duffle Bag Boy 5000 post# 20447

Tuesday, 11/30/2021 11:58:10 AM

Tuesday, November 30, 2021 11:58:10 AM

Post# of 20480
When I said "LEEP will live on, just not in its present form", I meant the stock was going to be delisted.
It was delisted.
Mr. Nordstrom has been indicted, and although Judge McShane in the Eugene District Federal Court ruled the Special Shareholder Meeting was valid (of course it was valid), Mr. Nordstrom has still not turned over corporate records.
Without records, we don't know who our customers are.
We don't know where our inventory is.
We don't know who has the accounting after 2013.
Getting the company upright will take a massive effort, for which I am presently committed.
Notwithstanding the mixed bag, LEEP is changing direction.
We will be IP driven, and there will be a reimagining of products and customer targets to reflect a changed world.
We don't plan to issue many press releases, since the company must be producing a product at a profit in order for it to be healthy, and we are not there yet.
When I said not in present form, I meant with myself as CEO, everything will change.
There likely will not be many updates here, since I am not interested in pumping the share price, even when we do get fully reporting again.
The stock price will be tied exclusively to the companies financial health, and not hype.
Scott Record, CEO
ScottRecord@LEEPInc.com
(208)320-8786