You made the wrong assessment and missed.my follow up post, and the latest filing comment on this subject. In Fact after last years conversion. David Lewis still had ~2500 Preferred A shares. The balance was not zero. Also the company did not issue additional shares as a settlement. Please read last filing as it says two appeals to higher courts as "still ongoing " thus no payout or settlement has happened.:
NOTE 6 ACCRUED EXPENSES
On November 11, 2019, Joseph Canouse obtained a default judgment against the Company totaling $563,396.72. On
April 8, 2022, the Company filed in the District Court, Southern District of New York for the United States of
America a Motion to Set Aside the Judgment, which was denied and the Company has filed for review the United
States Appellate Courts overseeing the Southern District of New York. In addition, the Company has filed against
Mr. Canouse and the Company’s former CEO Steve Berman (who assigned claims to Mr. Canouse that are the basis
of the Judgment). The Company filed the action against Mr. Berman and Mr. Canouse in the 11th Judicial District in
and for Miami-Dade County, Florida on or about April 8, 2022. Both the Appeal towards Motion to Set Aside and
the Florida Litigation remain pending. In October 2022, Company filed legal briefing relating to Appeal towards
Motion to Set Aside. The Company’s estimate of the loss associated with the judgment is $563,396 and is recorded
as accrued expenses.
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