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Replies to #9886 on IJJ Corp (IJJP)
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Miami_G

03/29/12 10:06 PM

#9887 RE: hawkeye612 #9886

Great educational post. MODs can you kindly sticky this IJJP post please?

tyvm



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cyberbullymouse

03/29/12 11:00 PM

#9891 RE: hawkeye612 #9886

Again, the key takeaway from this Conditional Loan is... it hasn't actually happened. And probably never will, hence the undisclosed nature of the details and all the hedging language.

As usual, somewhere down the road when enough pissed off investors complain about its status, IJJP will PR some lame reason that the loan wasn't favorable to shareholders and so the company acted on behalf of shareholders in killing the deal.

Same old script as ever.
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Cassandra

03/29/12 11:13 PM

#9892 RE: hawkeye612 #9886

The term "conditional loan" is not a business term no matter how it is twisted. The terminology is typically "conditional loan approval" such as with a mortgage when house-hunting. Pope used the term to give him an out when the $10 million is never received.

Yesterday's misleading press release brought in a lot of buyers who know nothing about the history of Clifford Pope and IJJC (IJJP.PK). The man is known for false and misleading press releases, failed business plans and massive dilution but not for being particularly literate.

He wrote this:

WWW.dsmrs.com is a E-commerce Site The Disaster Shelter Management Responder Systems operation of IJJ Corporation has assemble a Build your Preparedness and Readiness Kit online shop to address the need to have the ability to select emergency and survival kits, tools and food supplies related to a geographic zone categorized by US Government Agency called Federal Emergency Management Agency (FEMA).

http://www.dsmrs.com/about-us

He didn't even get "state-of-the-art" correct.
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cyberbullymouse

03/30/12 1:23 AM

#9935 RE: hawkeye612 #9886

Laughable. And you claim to know that transfer of funds is the "condition" here based on what material information that is not known to others?

Oopsy!