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NoMoDo

04/23/25 8:41 PM

#142677 RE: TenKay #142662

He retired the 40k shares in 2022 - third q I believe. I remember because I was convinced that he must have sold shares without telling us. I spend a bit of time trying to figure out what happened and then tripped over the single line that showed retirement without compensation. May have happened again. - benefit of the doubt.

There was a time when they took Foote's name off otcmarkets as CEO as well as director. It is possible that he was removed from both for a short period of time and then after the deal was official, he was voted back in as director. That window would be a grey area where he was neither an officer/director and didn't need to file. benefit of the doubt.

The other possibility is that he was actually a director and didn't file the required forms, but... until I find out this is the case, I will give him the benefit of the doubt as opposed to convicting him and then sentencing before I find out what happened.

But this isn’t an issue of benefit of the doubt.

We are discussing pocket change with 8k shares. My guess is that they didn't completely eliminate debt as required in the Ybyra deal (or maybe he had to pay for a week in Utah for HMBL business) and so maybe Foote had to take that money out of his own pocket to pay for it. He may have retired his shares so the company would be even.