It’s interesting how on the last filings MacKay put out he didn’t disclose the fact he had 500 grand invested in GEGI as Loyal technologies . He invested from 6-2022 to 10-2022 The Pr of him taking over as $SFLM CEO was November 2022. I wonder if the OTC caught that and took away the pink current status. Any thoughts?
In November 2022, the Company’s controlling shareholder, Joseph Ladin, entered into a control securities purchase agreement (the “Sale Agreement”) with Loyal Technologies, LLC, pursuant to which Mr. Ladin is to sell the single share of Series A Preferred Stock which share of Series A Preferred Stock provides voting control of the Company to its holder. The Sale Agreement closed in November 2022. As a condition precedent to the closing of the Sale Agreement, the Company was required to have divested of its operating subsidiary, SFLMaven of Florida, LLC, which occurred in November 2022.