I am not even sure how to get information directly to Steve. If someone has a home address, copies of all the DD with regards to the incomplete filings and PR's should be overnighted to him ASAP. I'm a little worried Petar might be able to intercept if not a direct mail. I'm still not convinced Steve knows what is going on and he certainly could never get all the information different people have posted here! Begining with the incomplete RM/purchase?
The questions and observations about the details prior to, during and after the supposid reverse merger, are all valid and cannot be answered without going into the paperwork that was filed for the reverse merger with Nevada.
It is some peoples contention, and has been all along, that the reverse merger was only carried to the point that the shares were aquired by the folks that set up the SPAC, and then virtually all proceedings stopped. Loftwerks surrendered its trading shares that were currently on the market. In exchange all debt to Consultech , (and through them..S.Bros), was "forgiven". Along with that transaction, all properties that were associated with the shares, (lofts, building permits, supplies, nuts and bolts, etc.etc...virtually everything), was returned to Dennis. According to the PR, he was also given shares of the SPAC. There is no record in Nevada, or anywhere else, exactly what happened to the 800M shares, once they were removed from LFWKS name on the market. "S.Bros" name was attached to the shares, but, (my contention) is that the name on the shares was that of the SPAC rather than the, brick and mortar S.Bros that is refered to on this board. They both have virtually the same name. (Tricky). So, (again, my contention), is that the shares that we are trading are of the SPAC and not of the S.Bros in Canada.
There are those that insist that this is wrong. They insist that infact, that this is ridiculous. They insist that of course the merger was completed and the shares are now in the name of the S.Bros in Canada. Thus the argument ensues.
There has never been any documentation that puts Steve, or any board of directors from the S.Bros Canada names on the shares. Period. There has never been any documention other than PR about the distribution of the merger shares, (the SPAC shares). There are no regulations about the distribution in the market this stock trades in. All that is required is a posting of the A/S. Buy coincidence or, design, that is where the paper work ended in the SPAC filing. Then, it went into default for failure to follow through with the rest, (assets, board of directors).
Those that got shares of the SPAC are unknown. It could have been ANYONE. There is no legal record. (Try to find anything besides a PR). Dennis could have gotten them, Steve, Petar, Andrew, and worst case scenario, they could have gone offshore. Keeping in mind that the value of the shares were virtually zero........and remain so, (unfunded), ANY transaction of the shares will show a profit.
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