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Posted On: 12/14/2018 12:00:25 PM
Post# of 4466
From today's 10Q filing - as stated, no shares were purchased by either Mad J., or The Lemon - lacking any form of corporate governance, as a self-serving "board," they granted themselves a 10-year option:
From page 23 of the 10-Q:
From page 23 of the 10-Q:
Quote:
As consideration to the Affiliates for entering into the GS pledge agreement, the Company granted a ten-year option, effective as of December 11, 2018, to the Affiliates to purchase 1,000,000 of Class A Shares and 1,000,000 of the Class B Shares at $0.08 per share
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