stervc, Again a standing ovation post. I must say you really keep me wanting to ride IJJP a lot longer. I particularly like concern #6. But I imagine there are others that are more important.
Concern # 6 ** Some are disturbed with the fact that the participating public company issuers are all sub-penny stocks. That makes the whole program appear to be more scam like.
The focus on sub-penny companies as pie share issuer participants was in an effort to maximize the benefits associated with participating in the program. Secondarily, all of the participants are clients of my law firm and this firm has a policy of helping its clients succeed in their endeavors. The strategy is to finance the construction of the extremely profitable marijuana growing operations, in exchange for annual income of several times that amount.
By design, we have targeted small public companies, with minimum capitalization, or also clients of this firm, anticipating the maximum consequence to the market capitalization. Indeed, by design, the promised income dwarfs the value of the shares issued in exchange, maximizing the benefit to the shareholders of the company, which include the Pie Share Recipients. As such, with the magnitude of this income event facilitation, we are looking at a dramatic effect for the benefit of all. In short, by way of example, for $2,000,000 of annual income, in perpetuity, the participating public company issued stock, valued at only slightly in excess of that amount. Analytically, assuming the standard model of a 10% capitalization rate, $2,000,000 of annual income should increase the market capitalization by $20,000,000. For IJJ, by way of example, without giving effect to the redemption plan currently in effect, THIS ALONE SHOULD CAUSE A STOCK PRICE IN EXCESS OF ONE CENT PER SHARE, not even giving effect to the more dramatic market capitalization consequence attributable to the explosive marijuana field and its growth potential. This effect may even be exacerbated by the fact some of the public company participants are not even current in their filings and none of them are reporting companies. The hope is that each will soon be compliant and each will become a fully reporting OTCQB company.
I hope this is been helpful. I welcome the opportunity to clarify these matters.
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