Another Example of YOUR misleading NON factual observations. To say QUOTE "Carter and Ali never need to 'lose' on the shares and notes they award themselves. They never need to sell their notes at below the conversion price, because they can assign them at the conversion price". As you already know, ASSIGNING them at the CONVERSION PRICE has a net conversion to .040 shares of RESTRICTED COMMON STOCK. The key to your misconception is that CARTER/ALI can simply "AWARD THEMSELVES SHARES." THE FACTS ARE **All of CARTER/ALI convertible notes were issued as DEBT NOTES for SALARIES EARNED**. ANY and ALL NEWLY ISSUED COMMON STOCK shares have been accounted for in **DOLLAR AMOUNT of DEBT converted to X NUMBER OF SHARES** and upon conversion **SATISFY THAT DEBT** ALL OUTSTANDING DEBT is shown in FINANCIAL REPORTS. Not ALL DEBTORS ELECT to accept CONVERTIBLE NOTES instead of CASH because when converted they appear as DEBT SATISFIED by SHARES ISSUED. Then you declare that ASSIGNMENT of shares SOMEHOW CREATES DOUBLE VALUE, that both the ASSIGNOR and the ASSIGNEE BENEFIT. YOUR QUOTE "The assignee of the note doesn’t lose either". YOUR QUOTE "Assigning his notes means that the Carter piggy bank gets topped up by amounts which are ‘off the books’ and don’t have to be reported to the SEC, or REVO shareholders". COMMON KNOWLEDGE is that ALL CONVERTIBLE DEBT NOTES/issued as collateral are shown in the financial reports as DEBT. ALL *CONVERTED NOTES* are shown in FINANCIAL REPORTS, as DEBT CONVERSION(debt paid)to COMMON SHARES. The CARTER/ALI PIGGY BANKS contain CONVERTED RESTRICTED COMMON STOCK HELD/ convertible debt notes for SALARY and cash from the sale of CONVERTED RESTRICTED COMMON SHARES THAT MUST BE REPORTED to the SEC. ANY CONVERTIBLE NOTES held are in REALITY I.O.U's for SALARY. If CARTER or ALI ASSIGNED any CONVERTIBLE DEBT NOTES the conversion (when converted) to RESTRICTED COMMON SHARES would be listed as DEBT REDUCTION in the FINANCIAL REPORTS. Every share of COMMON STOCK outstanding is ACCOUNTED FOR and ALL DEBTS are shown as *OUTSTANDING DEBT or CONVERTED/SATISFIED DEBT* (upon conversion). YOU CAN NOT keep them from the BOOKS once CONVERTED. REGARDLESS of who converts them they REFER TO THE ORIGINAL DEBT and TO WHO IT WAS OWED. MOST ALL of your posts are statements of YOUR unconfirmed false facts. POINT US TO THE SELF AWARDED UNJUSTIFIED DEBT CONVERTIBLE NOTES or CONVERTED NOTES on the FINANCIAL REPORTS THAT WERE SIMPLY SELF AWARDED for NO ACTUAL DEBT. Let's also clear the air about the "PERSON LOAN" Carter has on the BOOKS. To finalize the acquisition of GREENWOOD by REVO, RAINCO NEGOTIATED THE ACCEPTANCE BY REVO OF THIS PERSONAL NOTE AS cash, WHICH made REVO the holder of the note. THERE WAS NO BENEFIT to CARTER, simply a transfer of OWNERSHIP of the NOTE and the required FINANCIAL reporting of the note as a PERSONAL LOAN/account receivable on the REVO BOOKS. CARTER has not dissolved the note. REVO has not FORGIVEN THE NOTE. While it did reduce the ACTUAL CASH REVO received from RAINCO, completing the acquisition also gives REVO around 8 MILLION DOLLARS OF ACCOUNTS RECEIVABLE on the GREENWOOD BOOKS which REVO now shows as reserved income. To close please get back to us A.S.A.P with those CARTER/ALI SELF AWARDED NOTES documentations.
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