Logiq Inc (LGIQ)

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Even if the shares are eventually distributed they are restricted shares, meanwhile the Company just issued 2 Million shares to management at 1 cent each. They will be first in line to sell this POS before shareholder restriction is lifted.

Unregistered Sales of Equity Securities
On July 26, 2022, GoLogiq, Inc. sold ...2,000,000 shares of newly created Series A Preferred Stock ... to certain members of its management...purchase price of $20,000 ($0.01 per share)

Each share of Series A Preferred is convertible, at the option of the holder, at any time and from time to time commencing on the eighteenth (18th) anniversary of July 26, 2022 (such period, the “Holding Period”), into one (1) share of Company common stock