News Focus
News Focus
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OLDSCHOOL110

08/28/06 7:18 PM

#58154 RE: rrufff #58152

now he's gonna be pissed he wasted his $$, LOL
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boogaloo

08/28/06 7:19 PM

#58156 RE: rrufff #58152

WHEW! Now, THAT is a relief. Thanks. em
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skinluvr

08/28/06 7:19 PM

#58157 RE: rrufff #58152

Yes sir rrufff... Some will not listen....

"Sorry but that's MGB and FUD. Asset transfers are not recorded at the Secretary of State's office. They are transactions that are reflected on the balance sheet and that is not filed.

The SOS merely has changes in the authorized capital structure, the officers, the directors and the like"

Skinluvr
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boogaloo

08/28/06 7:22 PM

#58158 RE: rrufff #58152

rrufff, Why then did Sulja say this:

CEO Steve Sulja stated: "The process of moving the overseas assets was time consuming but has finally been completed. We can now have the audited financials completed shortly. The State of Nevada will receive the assets by next Friday."

If assets aren't received by the state, then why did Steve say that the state would receive the assets?
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spaceheater

08/28/06 7:32 PM

#58167 RE: rrufff #58152

Absolutely correct, Ruff. Some very bad DD being done on this board. Obfuscation or just ineptitude? hmmmmm
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Kapone

08/28/06 7:37 PM

#58173 RE: rrufff #58152

Can I ask a dumb question??

Their PR stated that "the Asset transfer to Nevada has been finished". If it can only be reflected on their balance sheet, what's the significance of transferring the Assets to Nevada?? They could be anywhere.

Secondly, if anything actually did get transferred in whatever shape or form, if it was a transaction doen with the state govt, it WILL show up somewhere, if not the SOS.
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Kramrer

08/28/06 7:54 PM

#58187 RE: rrufff #58152

rrufff...thanks for the clarification on your post about the assets..alot of posters were concerned about it and your post answered the question. Thank You.
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Skylanders

08/28/06 8:51 PM

#58276 RE: rrufff #58152

Massive DD and Diversify ... Rocky forgot to see what rruff is all about!!! Maybe he will check your profile next time?? Thank's