Replies to post #2030 on Notis Global Inc. (fka NGBL)

[236T568]

I didn't say that the preferred shares were not listed in the annual report.

What I said was that the preferred shares were not inluded in the financials statements of the company, mainly the balance sheet, as required when preferred shares are issued and outstanding. The Founder further underscored this by claiming that according to him, his cpa and his SEC attorneys - issued and outstanding preferred stock should not be included in the balance sheet of a company and are not included in MDBX's balance sheet.

regarding the accounting, whether a company is an SEC filer or pink sheet company, the accounting used to develop the financials stays the same.

The preferred shares are listed in the annual report......

MDBX — Annual Report - Supplemental Information

Part B Share Structure
Item 4 The exact title and class of securities outstanding.

Common Stock, $.001 par value, 100,000,000 shares authorized, 14,313,572 shares issued and
outstanding as of December 31, 2012.
Preferred Stock, $.001 par value, 10,000,000 shares authorized, 10,000,000 shares designated as
Series A Preferred, 3,000,000 shares issued and outstanding as of December 31, 2012.
CUSIP: 58405D 100
Symbol: MDBX

www.otcmarkets.com/financialReportViewer?symbol=MDBX&id=99387

I think you are confusing MDBX with SEC filers. Pinks don't report the same way. You can check it out with OTC Markets. They are usually easy to speak with......unlike the SEC.