Third Bench Inc (THBD)

[akdulj]

They are taking advantage of Section 4(a)(2) of the securities act to sell shares in private placement. That's why the note holders are able to stack the ask.

Its been a farce since the get go. Joe and Steve Hicks set aside some money into the shell company.

Jeff takes the shell and tries to make it seem like a legitimate company. And people take the bait.

The terms of the convertible debt, as well as using the 4a2 exemption allow Joe and Steve to siphon off the money shareholders put into the company, without having to file anything that publically states they are selling shares. Jeff leaves, but before he does, leaves the shareholders with a gift of 50 billion authorized shares.

The 1-A offering? That was all theatrics. It took Jeff 6 months to finally get the SEC to approve his offering.
The February offering never went through, because it took until March for the sec to respond (https://www.sec.gov/Archives/edgar/data/0001373853/000000000021002899/filename1.pdf).
Jeff amends the offering in late March and early June. The SEC responds June 24 (https://www.sec.gov/Archives/edgar/data/0001373853/000000000021007769/filename1.pdf).
Jeff has to amend his offering again, and the SEC tells him to go back a few more times until Aug 9 when the offering is qualified and commenced (https://www.sec.gov/Archives/edgar/data/1373853/999999999421000236/xslQUALIFX01/primary_doc.xml)

You see, we all have been wondering, how did NECA raise the capital to acquire Third Bench? If we look at the 1-A we see that the selected Jurisdictions the UNREGISTERED securities were to be offered was: CONNECTICUT and GEORGIA. Do a google search of Stephen Hicks and guess what state he lives? Connecticut. Joe Canouse lives in Georgia.

IT WAS THE TWO OF THEM THAT PUT UP THE MONEY TO ACQUIRE THIRD BENCH.
THATS WHERE THE 1.5 MILLION CAME FROM.

THEY DON'T CARE ABOUT THIRD BENCH OR NECA HOLDINGS. JEFF WAS THE FRONT MAN TO DO THE PAPER WORK BECAUSE STEVE AND JOE HAVE ALREADY BEEN SUED BY THE SEC.


THEYVE DONE THE SAME THING BEFORE. LOOK AT THE VISIUM TECHNOLOGIES LAWSUIT. MARCH 2021.

THEY ARE GOING TO DO IT AGAIN WITH THIRD BENCH.

THE QUESTION IS WHAT DID THEY OFFER DAVID FAIR????

THEY ARE GETTING AWAY WITH INSIDER TRADING BY USING SECTION 4(A)(2)