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pitts77h

08/22/14 11:52 PM

#21821 RE: legalizeMJ #21820

Haahaaha WHAT "hostile takeover????"

That's hilarious!

What are the terms of the preferred? Why won't Jerry make that info public?

Sorry, that garbage make NO sense. These preferred shares were issued before the bankruptcy. What "hostile takeover" was on the horizon THEN? We were told, REPEATEDLY, that the preferred was wiped out in the bankruptcy proceedings... yet now we're being told they (amazingly) do still exist (just as I said they did) but they're somehow magically become part of an unexplained "hostile takeover" defense?

Shouldn't shareholders should be informed about any "hostile takeover" attempts? Perhaps they should know about the defenses being used against them? LLOLLOLLOL. Of course not, it's simply another lie.

Why can't Jerry choose one lie and stick to it?

This is even more ridiculous that Jerry's Fish Hot Dogs idea!

pitts77h

08/23/14 12:18 AM

#21823 RE: legalizeMJ #21820

Well, since Jerry won't explain, and nobody else can...

lets do some basic math. This 10 million share Mystery Preferred is allegedly some kind of "controlling" block of shares. Since (as of the last filing) there are 400 million shares authorized, a "controlling" block must equal 200 million shares. Therefore, the 10 million share mystery preferred must convert at a minimum of 20 to one.

Pretty sweet deal Jerry gave "someone," once again! There's no filing to indicate what "someone" paid for those shares - yet another important piece of information missing. Isn't that amazing? "Someone" has obtained a controlling interest in this stock for an undisclosed sum? How EXACTLY does that work?

Now... back to basics again... why won't Jerry tell us who OWNS the shares? Why won't he tell us how much was paid for a "controlling" interest? Why isn't that amount recorded on the financials?

Since he's trying to block a "hostile takeover" I'm guessing they're in very safe hands. Perhaps his own?

LLOLLOLLOL. What a scam.