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plutoniumimplosion

08/15/17 9:48 PM

#47041 RE: loanranger #47039

I doubt they issued the shares. There has been no consideration accepted. I would think that they are holding the Preferred certificate until receipt of the money.

pumper_stumper

08/16/17 3:12 PM

#47053 RE: loanranger #47039

What a mess!

"During the quarter ended June 30, 2017, we issued 370 shares of preferred series “D” shares for subscriptions receivable of $3,250,000. The subscriptions receivable has subsequently been received in full. The cash related to the subscription receivable was received by the investor from China and is currently held by the Bank of Spain. Release is expected in about 10 days, will immediately be rendered to the company by the investor’s agent."