Looks like iEquity takes control on the 15th. Can
Post# of 36728
On March 10, 2013, SK3 Group acquired the assets and business of Medical Greens from I Equity Corp. for the issuance of 5 million shares of Series A Convertible Preferred Stock ("Series A Preferred". The Series A Preferred has voting power equal to sixty percent (60%) of the total vote of all classes of stock entitled to vote and convertible at any time after one year from the date of issuance into 60% of the resulting common stock outstanding. TheSeriesAPreferredSharecertificateshavenotyetbeenissued,butwillbe issued as soon as a new Certificate of Designations (the “New Certificate of Designations”) for the Series A Preferred Shares (replacing and superseding the current Certificate of Designations on file with the Delaware Secretary of State under which no shares of preferred stock were ever issued) is filed with the Delaware Secretary of State, which is expected to be by May 15, 2014. At that time, I Equity Corp. will become the controlling shareholder. No person or entity holds more than 10 percent of the equity of I Equity Corp. Henry Jan is the Chief Executive Officer of I Equity Corp. The securities were issued in reliance on the exemption provided by Section 4(2) of the Securities Act of 1933, as amended.