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shajandr

05/06/14 5:28 AM

#343649 RE: starfire #343648

I never said the TA initiated issuance or delgending. But they always send an email to the CFO to confirm issuances and delegendings after the documents and legal opinion are received (including documents the CFO must send prior to these steps - corporate resolutions, subscription agreements, convertible debt agreement, warrant exercise agreement - whatever was used as the basis for the paid-in capital as consideration for the issued stock.

That email requesting final confirmation goes to the CFO - STEVEN YEHUDA MOSKOWITZ and must be replied to with an affirmative confirmation before the TA will issue (or delegend) after everything else is determined to be in order.

It's not possible to spoof an email address for INCOMING emails. And Steve also had his email also copied to him on his smartphone/Blackberry. So there is no way Steve would not have known, and the confirmations came from him.

Steve is the one who did this. It cannot be otherwise. It is impossible for him to claim no knowledge of a process that requires multiple communications with the CFO before it can be completed.