Replies to post #2082 on Notis Global Inc. (fka NGBL)

[236T568]

well, good

there you go

you received your preferred shares in exchange for the private company that is now the sub of MDBX

Well, seeing as that my privately held company (PVM) was sold to the public company and is the main revenue generator for the public company, it would make sense that preferred shares be issued in December 2011, when the transaction happened and a press release was issued announcing the transaction.

[hedge_fun]

Is the financing arrangement announced today in any way contingent upon MDBX becoming an SEC filer?

[236T568]

Well, seeing as that my privately held company (PVM) was sold to the public company and is the main revenue generator for the public company, it would make sense that preferred shares be issued in December 2011, when the transaction happened and a press release was issued announcing the transaction.

and yet, according to the legal documents filed with otcmarkets.com by MDBX, the preferred shares issued and outstanding as of December 31, 2011 were ZERO!


http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=76983

As of December 31, 2011:

Common Stock, $.001 par value, 100,000,000 shares authorized, 11,016,839 shares issued and outstanding. One vote per share. Approximately 63 shareholders of record. Public Float: 1,006,763 shares.

Preferred Stock, $.001 par value, 10,000,000 shares authorized, 10,000,000 shares designated as Series A Preferred, zero (0) shares issued and outstanding. Zero (0) shareholders of record.

[petermic]

Are you really a principal of the company posting on a public message board? If so, is not your attorney having a fit? There is only downside for so doing.