The buyout was real, the offers were real. I guess that is why the stock collapsed. If Eeso was to be sold, wowgreen had the first right to make an offer. This is just a calculated timing on the events on my part.
All this events happened in the month of February.
Open house first scheduled for Feb.15, Allie was invited to open house.
Feb. 11, Eeso crashes from .05.
February 27, official open house I was there. There was tension between Craig Douglas and Allie Mallad. Craig on the video now on the Ibox looks at Jared and says eeso is looking very tempting right now. Buy offer was probably made that day.
2 weeks before the open house Bill White is no longer with Eeso. Why did Bill leave or was fired? Didn't Bill deserve a piece of the action if the buyout was going to happen?
Feb. ? Belmont realizes that Eeso is now over .01 and that the company might be sold. On Feb. 11, their transfer agent makes what they call the mistake of saying the O/S was raised 50 million shares. They want 20 million more shares because
The first week after Feb. 27, Jared travels to Korea with Craig..raises the O/S from there, puts 300 million shares in escrow.
In March Allie already knows that Eeso can't be sold without him making an offer. Which he claims he had the first right.
The Lee's offer was for .10, Allie probably made an offer.
The share holders first hear about the buyout. Tension keeps building between Allie and Jared.
Everyone around Eeso is selling their shares into the open market, since they know the fights that Jared is having with Allie. Stock continues to decline. The Lee's make a higher second offer, months passed, North Korea threats become more real.
The Lees pressure Jared to take the offer, but he knows he can't because he must wait for Allie to make a decision, either raise make a second offer higher than the Lees or step down.
In the end Allie won since he had a contract stating that He had the rights to make the first offer. In my opinion Belmont killed the run on Feb. 11 on purpose. They probably knew that the company was going to receive a buyout offer and wanted more shares. Imo also both lawsuits must be settled before Eeso can move forward with any buyouts. The wowgreen lawsuit must be settled before eeso takes any retail customers.
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