Replies to post #60283 on IJJ Corp (IJJP)

[marco polo iii]

I saw that and I held off in buying. Until I see more PRs and after I do a little more research

[9754LB851]

IJJP is Current in all filings with SEC, the government and the OTC.

Your opinion is up too you.

But IJJP is not illegal or hijacking anyone or any shares. completely incorrect.

period.

[9754LB851]

The SEC 3(a)(10) and IJJ Corporation
(specified by SEC..)
https://www.sec.gov/interps/legal/cfslb3r.htm
'the document in question found here?'
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IJJP Lawyer's email response to a shareholder post from earlier this year about why IJJP used the SEC regulation 3(a)(10) in question.
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..."The basic premise of the program was to acquire the farm and to finance the construction process and the cultivation process, the beneficiaries of which are the public company assignees."

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....."The use of Section 3(a)(10) is not limited to debt relief. However, that is the most conventional use. Indeed, the statute is much broader as illustrated by the statutory provisions and the related SEC pronouncements. This feature is perhaps best explained in my opinion letter to the court, citing the statute:

1. Section 3(a)(10) Is Available, in Exchange for “Property Interests”, As Well As Claims: Fortunately, and consistent with the statutory scheme and SEC pronouncements thereon, Section 3(a)(10) is not limited to resolving disputes and is not limited to exchanging securities for claims or other securities. Instead, Section 3(a)(10) of the Securities Act applies to:

“... any security which is issued in exchange for one or more bona fide … claims or property interests (emphasis added), … where the terms and conditions of such issuance and exchange are approved, after a hearing upon the fairness of such terms and conditions … by any court ...”

(specified by SEC..)
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