Replies to post #2079 on Notis Global Inc. (fka NGBL)

[236T568]

huh?

actually, no

this post by Vince does not state how the 3.0 million preferred shares that are issued and outstanding as of Dec. 31, 2012 and owned by insiders were paid for:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84570760


Did the company give them to vince and the insiders for nothing?

was a note issued to the company for the preferred shares?

was cash used to pay for the preferred shares?

were theRe other assets that were exchanged for the preferred shares?

were there services exchanged for the preferred shares?


none of the above is mentioned in the post that you are referring to and, above all, none of the above is mentioned in the financials because THE COMPANY FAILED TO INCLUDE THE ISSUANCE OF THE PREFERRED STOCK IN THE FINANCIALS AS REQUIRED BY GAAP.

The preferred shares were addressed in post #1957. It's clear you didn't appreciate the answer, but let's not pretend this is some mystery.