Replies to post #28287 on Shell Stocks; Reverse Mergers; Acquisitions; Zombi

[e-ore]

It happened with VGLS a few times. 3(a)(10) deals make for a lot of shares to get rid of. This was VGLS

"Plaintiff is Top Knot INC USA
"THIS CAUSE came before the Court on a telephonic hearing on the 26th day of October, 2020...Defendant has not paid the amounts due on the claims. Plaintiff filed the above-captioned collection action, which the parties now seek to settle their dispute in a manner that results in the retirement of debt off the books of the original debtor and provides unrestricted stock to the Plaintiff for the agreed-upon amount of($1,161,718.38) one million one hundred sixty-one thousand seven hundred eighteen dollars and thirty-eight cents, the Defendant shall issue and deliver to the Plaintiff, in one or more tranches of less than 10% of the issuer’s then outstanding issued and outstanding, as necessary, sufficient amounts of unrestricted free-trading shares of Defendant’s common stock until the agreed upon settlement amount is satisfied, pursuant to Section 3(a)(10) of the Securities Act of 1933 (the settlement shares),plus an additional (2,000,000) two million shares of free-trading common stock to cover certain legal expenses incurred by Plaintiff during the Settlement process." "

Top Knot got 12,000,000 VGLS shares then

Top Knot has 11,000,000 shares of HLLK and there's $391,060 still to be settled