Respectfully, I disagree with the flavor of the delivery of your logic, but it's ok to agree to disagree in delivery. The arrangement never happened so technically, it's a nonissue as the company has addressed such already in my opinion with today's news. Nothing fraudulent ever happened regarding the 3(a)10 Exemption. I am very confident that the company will further clarify all issues that are being tossed around as negatives towards them yet further in the coming days.
The basis of your rationale culminates to derive such conclusion because with Etelix not getting and will not get any shares issued from that 3(a)10 Exemption because of no shares ever being issued, then you were wondering how did MSPC pay for the Etelix acquisition.
MSPC is not required to disclose certain details how they paid for the acquisition of Etelix, especially since now changing their reporting requirement.
Basically, there is no way that an illegal kickback could occur because there were not any shares issued or will be from the 3(a)10 Exemption to have allowed for any kickback to have occurred at all. MSPC made this very clear.
You stated...
Your post insinuates that MSPC had done something illegal. They did not. Such transaction was never executed as they learned that the deal would have been fraudulent as stated from the company. This is why they won't get much of a fight in my opinion from those on the other side of the deal.
MSPC answered that thought at least twice that I know of when they stated in their earlier PR and the recent PR below that no shares were issued and would not be issued regarding the 3(a)10 Exemption:
Thank you for all the hardwork here ! Im no longer trying to book a visit to the nonexistent hotel site i saw in that cheesy youtube video that had 22 views in 3 years .. over 200 posters on this board alone and almost none did DD on this issue ( or those views wouldve been in hundreds) . Pump dump here and gone imo. Take care
Excellent DD. I see the stock price here is going in a direction that may or may not be advantageous for pocketbook enrichment... maybe for insiders...?
Counsel has (i) personally met with management and a majority of the directors of the Company, (ii) reviewed the Information, as amended, published by the Issuer through the OTC Disclosure &News Service and (iii) discussed the Information with management and a majority of the directors of the Company. To the best knowledge of this firm, after inquiry of management and the Directors of the Company, neither the Company nor any 5% holder, or the undersigned attorney, is currently under investigation by any Federal or state regulatory authority for any violation of Federal or state securities laws. Sincerely, /s/ Benjamin L. Bunker BENJAMIN L. BUNKER, ESQ
It was a good atempt to open an investigatioon to block MSPC OTC getting current.
Since I can not reply, I recomend to the moderator's to remove this misleading post from the highlighted posts.