Nothing says it better than these remarks, they sum it up pretty well...
In Jeff DiGenova's opinion, NHSH was a shell company when he took over.
However, Jeff Digenova allowed the "49'ers" to convert debt under rule 144.
However, RULE 144., is NOT available IF the company is a shell company!!!!!!!!!
THE RESULTS...
This update is in regards to inquiries about the status of the 7.5 million shares owned by Centacom Holdings shareholders. We have receive 4 million free trading shares of the 7.5 million restricted shares obtained in the deal with NHSH. As of this date we have not sold a single share and plan not to sell any of them in light of recent events. NHSH and its president Jeff DiGenova have during the clearing process released to our attorneys via email that there is a possibility that NHSH has been or is a shell, with no business and no assets (See attached PDF of the email sent to transfer agent by NHSH President Jeff DiGenova). These events open the door to may potential problems for our company acting on these shares, in light of this disturbing information and hence NHSH losing there transfer agent, transfer of these shares a danger to Centacom Holdings. As we all know, that many attorney's that have written opinions for NHSH to create 49 million free trading shares, which were given to NHSH affiliates. This email by NHSH President makes it clear the dangers of selling any of these shares. The possible exposure of liability to the company or its shareholders and / or possible SEC Actions for volition of section 144 rules is the reason for the companies actions. We will advise of status of these shares as information comes available.
THE BIG BOO BOO
In talking with counsel last week regarding the removal of this legend, he asked what provision Mr Owens' attorney was using; was it the rule 144 exemption. I stated that was the case. Counsel then asked what the status of the company was when I took controlling interest and I explained that it had no cash, assets, or any business. He informed me that under those circumstances, rule 144 would not be available because NHSH would have been a shell, and since NHSH has not filed a form 10 and is not current in its filings, 144 would not be available. I suggest that no restrictive legend be removed from any issuance until this matter is resolved
SEEMS ONCE AGAIN JEFF ONLY WANTS IT TO WORK WHEN IT IS FOR HIM. HE GIVES OUT THE FREE TRADING SHARES( WHICH THEY SHOULD NOT HAVE BEEN) TO THE 49ER'S AND ALL IS GOOD BUT WHEN ANOTHER WANTS TO USE THE SAME RULE AS HE DID IT NOW IS NOT GOOD. THAT IS A LEGAL PROBLEM.
As for the protection motion it is pretty simple, three individuals were involved with this motion to try and get Joe to stop sending them e-mail they felt threatened by. ALTHOUGH NO POLICE RECORD OF SUCH EVENT HAPPENED. There are to be at a hearing soon I believe. They are seeking Protection from joe as to not communicate with them any longer. ALTHOUGH I BELIEVE HE HAS NOT COMMUNICATED WITH THEM SINCE. Only now there seems only one individual (walter deck) is left of the three. He now must go into the court ALONE because the attorney for NHS has bailed out for lack of pay.
This is a problem for now Mr.deck must go in alone (or with jeff, i guess) and try and get those e-mails introduced in the proper fashion and then combat all that Q and Joe has in their rebuttal of the claims against him. That is a tall task for an attorney much less an individual with no knowledge of Florida Law.
They must contend with the fact no police report was given, no contact by joe since the time of the filing. that is important for that is what they wanted and if they already have that it will come across as though they are wasting the courts time. Another tough huddle to jump. Hope this helps.