Replies to post #941 on Southern Concepts Restaurant Group Inc (RIBS)

[fink]

Could get sticky.
DiMaggio might be saying Ben should not have been granted the 10 shares before the class of shares were created in the eyes of the SOS in December. Over my pay grade, but looks to me the Board spoke.

I’ve seen properties transferred into Trusts that sat for years. Then the warranty deed not registered with aState’s County long after the transfer. The Trust still gets the property. It’s sort of the same thing. It got done is all that matters.

The Board created them. Who gives a chit when the SOS put a stamp on it.
All I know it got done. I wonder what angle Ross is working towards? He want his $30k back?

Would be one hell of a schooling if Ben legally never got the 10 shares. Ben would love to tell this entire Krew to F’off.
Ross is not the legal control party snd Ben has his $30k, Roth still holds that 40m restricted shares and debt paid off? LOL
Roth takes control of RIBS with no debt?

I wonder who caught this? Someone in DiMaggios camp

I remember one Play where the CEO created Preferrd shares as the Sheriff was knocking on his home’s front door. The dude had blank Board resolution certificates at his home. Lazy POS, but it worked. A Florida company. I’m sure every State has its own twist.

I just want what’s best for shareholders of RIBS

[fink]

Series A were issued to Ben 6-21
SOS we’re registered 12-10-21
DiMaggio bought them 12-20-21

What’s the problem?

Only problem I’d like to know, how did the Float go from 25m to 58m?

Who was sitting on those shares?
Ross is not dumping new shares to pay for the shells or the O/S would be growing.
Has to be old issues shares to someone.
There your reason we are not above .06