You also said early on TEMN should not fight. You being a lender could have been a signal to Huffy/Klein. Turns out TEMN did NOT fight.
I welcome the promises from days gone by, but you also said issuance's shouldn't be disclosed. Filing Form 10 requires it.
You may believe the launch is still imminent, but TEMN could tell us when the TTB expects the approval to occur. They give that info to applicants. Right now it's speculation. I think based on the samples I received and the dates on them, the approval will be in November.
I also don't appreciate the fact Alonzo lied to me suggesting the approval was given.
Hope you "bidness" dealings with him are better than mine. And Hillenberg's. And Miss GEICO's. And Bird's of Prey.
$TEMN April 10, 2014 8-K Material Event Item 7.01 Regulation FD Disclosure. (a)Effective the 7th day of April the registrant amended its Articles of Incorporation. The amendment: *Changed the corporate name from Team Nation Holdings Corp. to Top Shelf Brands Holdings Corp. *Reduced the number of common shares the corporation is authorized to issue from 5 billion to 2 billion. *(b)The number of outstanding shares of common stock is unchanged at 1,072,116,296. *(c)The number of outstanding shares of preferred stock is unchanged at 1,000,000. *(d)The CUSIP designation for the registrant’s common stock is changed from 87816N100 to 89054V109. http://www.sec.gov/Archives/edgar/data/1390891/000118518514000904/teamnation8k041014.htm
Even if we use the old number of 1.609B, anyone with just over 80MM shares would be considered a beneficial owner. If it's the latter number, then it's just over 75MM.
What "friendly" shareholder had 125MM shares to give Klein? And what are those terms for (ahem) returning them to the treasury?