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Replies to #3584 on Cat House
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Makamai

03/22/11 2:47 PM

#3585 RE: Stockfire409 #3584

I believe it has been pointed out that Joe's shares (if legit)were based on a percentage conversion at the time of the Equis/Qasp conversion and not at today's O/S. Also it would appear that Joe came to IHub in an attempt to sway public opinion in his favor, and we all know how that has backfired on him. Additionally, due to the false filings, firings, civil suit, illegal debt wraps, etc., by Dean/Joe/Josh/ect. impacting this merger; it would seem that QASP could file a suit against Joe for damages far in excess of what he might be owed, if he is owed anything...I think this just might prove out to be a stalemate at best and a GJ indictment at worst for Joe et al...

Just my opinion,
Makamai
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iwondertoo

03/22/11 3:10 PM

#3587 RE: Stockfire409 #3584

When a company does a debt wrap, are they not legally required to file that they have, indeed, issued such and such a number of shares for such and such an amount of debt? And, if Joe C. participated in the debt wraps, knowing that they were not being legally disclosed, what is his obligation through his participation and selling of the shares? Also, why would a court uphold him receiving shares that evidently were purported to be a large % of the company, at the time valued at several millions of dollars, for 169k? That appears to be a participation in fraud on his part.