Replies to post #87339 on Starfleet Innotech Inc (SFIO)

[mthorebbank]

Not sure, but is this what you were referring to? I'm guessing that they would rather use the Profit to reinvest into the company and pay the bill later. Hopefully they are taking not so generous salaries, also.

Hatadi Shapiro Supaat, is the CIO and director. His address is Block 3 Lot 3 Dogwood
Street Phase 2 Greenwoods Executive Village, Cainta Rizal 1900 Philippines. Mr. Supaat is
the owner of 1 Share of SFIO Special 2019 Series A Preferred that was created by the court
appointed custodian. The share is restricted and controls the voting rights. This share can
be converted into 750,000,000 shares of common stock at any time and possesses 60% of all
company voting shares. Mr. Supaat purchased this share on October 12, 2020 from Richard
Thomas. Mr. Thomas purchased the share from the court appointed custodian on
September 13, 2019 for $25,000.00. The company received no consideration through this
transaction. Mr. Supaat, through AgroKings, Inc., also controls 750,000 shares of Series A
Preferred shares. On October 12, 2020, SFIO exchanged 750,000 shares of Series A
Preferred shares with AgroKings, Inc. for 6,000 shares of AgroKings, Inc. common shares.
These shares were exchanged in anticipation of a merger between the two companies which
should be completed in 2021.

[warrior_king]

After note is matured, you can't pay off. Companies have to issue some shares as per the conditions set on the notes. They will probably settle it soon. It is old note from SFIO shell.