Replies to post #22831 on Netcapital Inc (NCPL)

[totffe]

I am really confused

https://mayfieldrecorder.com/2019/10/06/cecilia-lenk-purchases-22500-shares-of-gb-sciences-nasdaqvstr-stock.html

[e-ore]

Cecilia Lenk didn't become CEO of VSTR until 2017

As to the shares, the 10k released in August says for ownership:
Vaxstar LLC 271,371,454
Cecilia Lenk 20,000,000
Total for the two is 291,371,454

Now add the 25,000,000 Cecilia was awarded for salary and the total is 316,371,454 which is what the SC 13D filing says Vaxstar holds.

So it seems to me that she has combined her 45,000,000 shares with Vaxstar's. Seems logical to me that she's now the majority owner of Vaxstar, and the largest shareholder in VSTR

[Divest]

Ok,so the first thing that you have understand is that Vaxstar LLC is a John Fanning company. So was the old pre 2014 Netcapital LLC. Like any venture capitalist Fanning owned several large mostly failed investments under the name Netcapital LLC, because for every investment he has like Uber, there a few investments like Pervasip's old telecom tech that was similar to Skype. Valusetters was used by Fanning to monetize various ideas that Fanning and liked or was behind such as Chess.com and other gaming companies until, Kirchman pitched him the idea that became the new Netcapital in 2014. In 2014 Valusetters was reborn as a company that both enabled Fanning to clean up all of Netcapital's old debts, and with the addition of the CEO of his company Vaxstar Dr. Lenk, his wife, and sister inlaw as the executive team of Valusetters it has provided countless hours of training, mentoring and support for Netcapital that has enabled it's success in every way. I wrote a bit about all of that in the two posts linked below:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150586520

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150751894