Replies to post #8693 on Wuhan General Group Inc (WUHN)

[Cash1972]

Nothing strange, Jeff has always done conandrums, tweet and nonsense news only to put aside balances and legal actions against him. Ho ... hey ... remember that Jeff is not new to this kind of rodeo, but remember that "this define me".

Ok, now You know that, at least for me Jeff is a dork, I think I can rename him "Jeff Dorkey".

But for those investors that look to a very distant future this can be a good news because the buyer cannot be so unskilled and put money, this time the money could be real, no shares exchange .

So You could see an increase in pps. But rest assured this "could be" a reborn for a company that has really do nothing till today. And, I hope for You, this bad day could be the best day. One thing is sure Jeff has resigned like I have prayed the last time I was banned from this board.

[Cash1972]

Hi Treedoc,

the lawsuit is with Camac Fund for about 3ml. You find the info at page 30, point 7 of the 1Q-2022. It' s for free in OtcMarkets - disclosure.

Read the docs, not the twitts.

Btw I think that WHUN will be used for a reverse merger. This is a rare occasion for Jeff to speak to shareholders via legitimate channels because his twitts are like tsunami, surely not good for shareholders.

I hope for You that Jeff goes to Texas for rodeos and Moreira look at a tutorial by Benny Green. At least a form of respect for You.

Good luck.

[Dspetry]

The company is involved in ongoing litigation with Camac Fund, LP regarding 1,709,964 preferred shares that were allegedly purchased in 2017. These shares do not appear in the share register of the company and the company has no other record of these shares. The company has until now regarded the number of shares in dispute as below the materiality limit, in particular because the plaintiff has not presented the original share certificates and therefore the conversion ratio and other rights attaching to the preferred shares could not be verified. On February 17, 2022, the parties entered a Stipulation and Order to Mediate this matter through the Court’s Settlement Program. On 8 April 2022 the parties engaged in a settlement conference, during which it transpired that the Plaintiff is seeking damages in excess of US$3 million and/or common shares that would represent more than 30 per cent of the company’s outstanding stock if granted. The settlement conference did not resolve the dispute. The company is defending the action.

[Cash1972]

Hi, remember that Google is Your friend.

Look at this:

insert-text-here

Camac Fund seems involved in many law suit, like a job. But I don' t think this is the reason behind Jeff resignation. He is only able to write, tweet, say ... nothing. So anyone can go on and make a real company. Probably with a completely different business.

I think that from now on the old 5 Jeffs will do the same, let this board and stop fooling shareolders painting Jeff like a businessman because, facts, balances, disclosures ... say another story. Jeff is only good at talk about nothing.

If You wanna stay in this company, probably Your fortune begins today.