What part of the company had no control so you not get? If the company issues restricted shares 2 years ago and the time is up and they go unrestricted the company has no control over what I done with them!!!! The person(s) that got the shares felt for whatever reason they wanted to sell them! That’s it the company had no way of knowing what the person would do! They don’t have to inform the company no more then any of us do. If I want I could dump my 20+ million shares tomorrow and no one has any say but me!
The debt that was cleaned was from the other company that owned the ticker before! If you want the ticker you take over the debt! They have cleared out all of that it had NOTHING to do with the companies they just bought!
We are now at month 4 of 6 it was March when the 8k said 6 months to close on the other companies soon we will find out either 3 things will happen.
1 they will have stop the agreement and that is over.
2. They need and extension of time from 6 months to x.
3. The deal will close!
They had I think 1.6 million before they bought the 2 companies. They needed like 4 or 5 million to buy LB companies. Why spend the 1.6 million on the other two if it’s a bad deal. Why not get the difference to close the “main” deal?
Something here will give the question is when and can you hold long enough for it!
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