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Plowmaster

11/07/19 10:35 AM

#262084 RE: BubbaInSC #262075

Well, actually it turns out that statement is 100% bullshit, unsupported rhetoric. FUNN is a very tangible company. 1000's of customers go through its 100% corporate owned locations every single week. KS KTU backers have products in their hands. FUNN continues to fulfill KS campaign after campaign. The amount of 3rd party articles, 1000's of reviews and photos pretty much show they are not hiding from anyone. They have only grown a ton. Heck a simple internet search yields a ton of results that we would not have seen 2 years ago.

So this concept of 'hiding' is pure shit.

As evidenced on financials: Simple due diligence shows the story there, and we know exactly where they are currently with moving us away from the pink market. The communication of audit status and moving forward is continued so there is no hiding there. Its a temporary state while the growth is permanent.

On filing. Why is this an issue? There have not been ANY DMAs required for the growth that has been completed so far. Its helpful to review the actual requirements

’0 Partnership Agreements published 0 Definitive Material Agreements!’ Its funny to see this bullshit claims concerning FUNN. The regulatory cited is being misapplied and the scope of those types of agreement is not a requirement nor would ANY company submit one under similar conditions. The statement could say ‘Zero international reverse merger articles of incorporation’ and it would be just as much nonsense.

Here is what is ACTUALLY required:

Item 1.01 Entry into a Material Definitive Agreement.

“Material” agreements are those that give rise to obligations that are material to and enforceable against the company, or rights that are material to the company and enforceable by the company against one or more parties to the agreement. Many agreements requiring board or shareholder approval would be filed under this Item. This includes “definitive” agreements but not non-binding term sheets or letters of intent. Filing the agreement itself as an exhibit is encouraged but not required. If the agreement is not filed as an exhibit to the Form 8-K, it will be required to be filed with the company’s next periodic report (e.g., its Form 10-Q or Form 10-K, whichever comes first). Material employment agreements are usually
reported under Item 5.02.



Now the KEY there (beyond the fact it is NOT required in the first place) is because the agreement is a contract AGAINST ONE OR more parties

WHEN THE LOCATION IS CORPORATE OWNED, LIKE TEMPE, IT IS NOT NECESSARY NOR WOULD IT MAKE SENSE TO FILE AGAINST ITSELF.

HAPPY TO CLEAR THAT BULLSHIT CLAIM UP