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Wednesday, April 17, 2024 4:37:50 PM
Response: We have revised our disclosure to treat the Series A preferred issued to Warwick Calasse as issued and outstanding and to make clear that Mr. Sharp has retained control of Goff Corp. through the issuance of 5,000,000 shares of Series A preferred and 1,000,000 shares of common stock.
It's worth mentioning that if Sharp issued himself 5M Series A preferred shares and 1M common shares, he didn't retain control. Calasse had 5M Series A preferred shares and 50M common shares.
While Sharp originally tried to issue himself 300k preferred shares with special voting rights, he didn't realize at the time that Series A preferred shares already existed. I don't think there is any distinction between the first 300k and the remaining 4.7M preferred shares, but please correct me if I'm wrong.
The truth is never popular.
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