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BB's Stock Haven
(Total Views: 135)
Posted On: 06/23/2022 4:14:07 PM
Post# of 39025
Posted By: i_like_bb_stock
wow CIVX imo heres the reason for all the dumping amazing Frank handed over what appears to be 10B shares for $35K to pay for the reinstatement "On July 16, 2021, pursuant to a Securities Purchase Agreement (SPA) the Custodian granted to Community Economic
Development Capital, LLC. (CED Capital), 50 Series A preferred shares (convertible at 1 into 200,000,000 common shares,
and voting rights of 60% of all votes) in exchange for $35,000 which the Company used to fund the reinstatement of the
Company with the State of Nevada, settlement of the Stock Transfer Agent’s balance. CED Capital also undertook to
make all reasonable efforts to provide adequate current public information to meet the requirements under the
Securities Act of 1933. "
"The purchaser of the 50 Series A preferred shares has control of the Company through 60% voting rights over all classes
of stock and the 50 Series A preferred shares are convertible into 10,000,000,000 (50 Series A preferred shares
multiplied by 200,000,000) shares of the Company’s common stock. However, the court appointed control still remains
with the Custodian until the Custodian files a petition with the District Court of Clark County, Nevada to relinquish
custodianship and control of the Company.
"
https://www.otcmarkets.com/otcapi/company/fin...60/content

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