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oilsleuth

10/21/16 7:28 PM

#77496 RE: Dragnet #77494

The Mrs Li matter has been discussed at length on this message board. The "binding" option expired on 2 October and there is nothing more to be said. Apart from Jerry's almost daily fluff PRs the next thing of interest to focus on is the shareholders meeting on 12 November when there will no doubt be a whole lot more extravagant claims to be added to the famous bucket list (the present bucket is almost overflowing and a bigger one is needed).

pitts77h

10/22/16 4:31 PM

#77526 RE: Dragnet #77494

Yes, "facts" are quite obvious and easily discovered for anyone willing to do the work.

Does anyone here have any facts at all? In any direction?

For example, Jerry entered into something he called a "binding option" (llollollol) with "Lily Li" on September 2nd. Here's a link:

https://www.sec.gov/Archives/edgar/data/1670869/000166357716000273/ex99_1.htm

The agreement specifically and clearly states that the "binding option to expire on October 2, 2016." It's been about 3 weeks since the "binding option" expired... and not a word from Jerry. There's no evidence "Lily Li" even exists, and Jerry failed to include any address or contact information about her in his filing - an extraordinary omission Scion has remarked upon.

Here's another easily discovered fact, from the annual report:

https://www.sec.gov/Archives/edgar/data/1670869/000166357716000330/mainbody.htm

Inventory obsolescence write-downs in 2016 were $725,718

$725,000 in unsold - and unsellable - inventory written off completely.

Contrary to everything Jerry claimed, this swill is NOT selling and he was forced to write off a full years worth of sales.

Unbelievable. What incompetence.

These are basic FACTS.