Replies to post #4575 on Eastgate Biotech Corp (fka ETBI)

[janice shell]

"Fear mongering"?? Seriously?

Let's see. Earlier this month, ETBI's board announced that its last three quarterly reports cannot be relied upon and must be restated:

http://ih.advfn.com/p.php?pid=nmona&article=74612713

And on 9 May, Samuel Oshana's Northbridge Financial filed a civil complaint against the company in connection with debt it had purchased:

https://www.scribd.com/document/348733981/ETBI-Northbridge-complaint

The lawsuit was settled on 10 May:

https://www.scribd.com/document/348734200/ETBI-Settlement-with-Northbridge-Financial

It resulted in the issuance of immediately freetrading 3(a)(10) stock worth about $750,000. The exact amount of stock issued is unknown at this time, but obviously it would have been quite large.