After all the hype about the TM for Simple Prepay?ROTFL
Just like PJ for $50K the only asset received by AEGY for the "huge acquisition" of Simple Prepay were the tm rights.
The only difference is that the PJ tm was rejected and the SP was OK although a letter requesting more info was sent sometime back as were the other TMs that iEquity used to create the illusion that they were real companies, but none of them had been "successfully formed." 3 trademark applications at about $100 each and "sells" 2 of them for $50K + $30K and receives vote control of SKTO for a third TM "company."
Nice return for iEquity again, another screwing for shareholders.
Just like the conversion modifications approved by AEGY through the iEquity vote control.
Shareholders have no say as to what AEGY does, whether it's acquiring fake companies or reducing conversion rates so note holders can continue to make bank on the new lower PPS with the new lower conversion rates. If shareholders had a say does anybody think the conversion rates would have been lowered.
"your welcome, enjoy"