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I-Glow

05/29/24 11:17 AM

#69055 RE: Yolo #69049

You posted - "I can understand why they wouldn't move forward while the lawsuit was pending, as it really would make a difference. Calasse owned preferred shares that gave him complete control over the company"

I don't believe that is true because Sharp in response to the SEC.

"We note your disclosure with regard to the treatment of shares held by Warwick Calasse
as treasury shares. Please provide your analysis as to why these shares should not be
treated as issued and outstanding."

"We have revised our disclosure to treat the Series A preferred issued to Warwick Calasse as issued and outstanding and to make clear that Mr. Sharp has retained control of Goff Corp. through the issuance of 5,000,000 shares of Series A preferred and 1,000,000 shares of common stock."

I don't believe that a Calasse win would have given control of WNFT.

As always - please correct me if I am wrong.

But Sharp structured the Form 10 so that he would always maintain control the company.

IG