Replies to post #19126 on Bingo Nation Inc. (fka BLTO)

[JoeDaddy]

From the PR, the closing date to deliver 87.5 mil shares is end of April. If the RS is not approved by FINRA by the closing of the contract, then their shares are subject to RS and this is non-dilutive.

[baomike]

An approved R/S that has been PR'd doesn't have a date it has to take place by and it doesn't have an expiration date.

2. Purchase and Sale and Transfer of Rights, Closing Condition



1. Purchase and Sale. Upon the terms and subject to the conditions of this Agreement, Seller agrees to sell to Buyer and Buyer agrees to purchase from Seller, 100% of the outstanding Member Units of the Company in exchange for 87,500,000 shares of common stock of the Buyer issued to the Seller at a deemed price of $0.01 per share for a total purchase value of $875,000. The total amount of the shares issued and outstanding will be 125m shares. The Shares shall be issued as follows:

See attachment B



2. Closing. The Closing shall be before or on April 30th, 2014.

The above shares limit (125m shares.) seems to force the R/S to occur before the closing of 30 April.

[2muchmoney]

P.S. An approved R/S that has been PR'd doesn't have a date it has to take place by and it doesn't have an expiration date. It just has to be applied for, approved, and announced. Looks like it has been applied for and announced. JMHO

Applied for announced but CERTAINLY not approved by the SHAREHOLDERS! Rise up all you VKML sharehloders/asap!

[Oceans88]

The messenger comes to save "Robert Coleridge" - "in his humble opinion" - the computer "Genius" that signed off on a 200:1 - to become an INSTANT multi millionaire off a shell and the backs of penny investors and a farmer, that was brilliant just Genius, but we think he has come to his senses and will rescind this Lunacy.(same "Boom Chat" guy )

RE: John 19-35 - P.S. An approved R/S that has been PR'd doesn't have a date it has to take place by and it doesn't have an expiration date. It just has to be applied for, approved, and announced. Looks like it has been applied for and announced. JMHO >>> WRONG !

THANKS AGAIN BOAMIKE FOR THE CLARIFICATION:
Any competently run pump and dump - keeps a majority position of stock. Often just for this purpose.If 51.1% vote to reverse split, the 49.9% do not matter.

[baomike]

VKML Hmmmm scar on Robert Coleridge? I would have thought he got scarred by claiming to be an IT/software or something or other at the age of 15.

You have fallen victim to the inaccuracy of the VKML filings (and PRs).
Wikifamilies SA list Robert as 51 in April 2012 in their 10-K.
Reports MSFT employment 1997 to 2007

NB:Maybe he has a "Dorian Gray" portrait somewhere.

[Oceans88]

"John 19-30 - Robert Coleridge" John says > Good judgment comes from experience and a lot of that comes from bad judgment. EXACTLY .. in your own words, case in point: Robert Coleridge was entrusted by the stockholders to give us good judgement and he FAILED Miserably.