Qwerty's "DD" FOR $TEMN SHAREHOLDERS . . .
Fellow shareholders I realized last week many of the questions being asked had been staring me in the face for the past month. I feel the need to share it with my fellow shareholders in hopes that it shares some light on what we are holding. As we know, with penny stocks there are really only 2 kinds: those who scam and those who are legitimately trying to run a business. Sometimes, because they don’t release fancy press releases, people overlook the actual contents of the official filings (in this case 8-k). This is not only a DD, but also a breakdown of the 8-k putting it in laymans terms. Believe it or not, most of the questions that have been presented to this board are addressed in the 8-k.
Summary of some items that will be discussed:
- Team Nations is officially Emperial Americas, this is clear
- Victory Partners plays a critical role in the outlook of Emperial Americas as a public company
- Previous debts are settled
- This is NOT A SHELL COMPANY
- Stated debt of $475,000 to Victory Partners
- One billion shares of COMMON STOCK are locked up
- Victory Partners revenue parameters
- Victory Partners on the board of Emperial Americas
- Joel Contreras worth millions of dollars
- Alonzo Pierce and Bruce Klein, very experienced in their roles
$TEMN
From the 8-k:
Quote:
ITEM 1.01. ENTRY INTO MATERIAL DEFINITIVE AGREEMENT
ENTRY INTO PURCHASE AGREEMENT FOR MAJORITY CONTROL OF ISSUER
On January 5, 2012, the Corporation had the majority controlling interest changed to the control of Emperial Americas, through the purchase of four sets of Series A Preferred Shares by Victory Partners, LLC. In a private sale, the four main holders of 60 Series A Preferred Shares, being Dennis R. Duffy (15 preferred shares) Janet Okerlund (15 preferred shares), Daniel Duffy (15 preferred shares) and Norman Francis (15 preferred shares). Additionally, Victory Partners received the rights to 1 billion common shares held by the same four individuals in the amount of 250 million shares each. Such shares were purchased by Victory Partners, and thus controlling interest of the Company was passed while simultaneously, a share exchange agreement was entered into for simultaneous exchange of such preferred shares with Victory Partners, for a sum of $475,000.00 to be owed to Victory Partners from the Emperial Americas. Additionally Victory Partners negotiated the purchase and assignment of some $720,000 in debt owed to the four parties previously due from Team Nation Holdings, Corp.
On January 5, 2012, the Board of Directors executed resolutions whereby the name of the Corporation was changed to Emperial Americas, Inc. and the address of the Corporation was to be made at Emperial Americas, Inc. located at Sarasota Courthouse Center, 1990 Main Street, Suite 150, Sarasota, Florida 34236.
Additional filings for disclosures under Items 2.01 and 9.01 of Form 8-K will be enhanced with further filing by the registrant within the necessary time period. Items which will be filed under 9.01 will include pro forma financial information to be included, which shall include the audited financials of
Emperial Americas.
Emperial Americas and Victory Partners were indemnified against all claimants for any debt to which there may exist from Team Nation Operations by the selling shareholders of their preferred shares.
What does this tell us? This is telling us that Victory Partners has played an enormous role in this reverse merger. This also tells us a very important fact that ONE BILLION shares of COMMON STOCK are locked up. This tells us that the $720,000 debt owed by Team Nations was settled and none of the previous debts exist. We can see that financial information will include audited financials and this will be filed within the required time period. These statements are clouded in legal jargon, but these are big statements to kick off our 8-k.
Now let’s take a closer look at why Emperial Americas dealing with Victory Partners is so important.
Victory Partners is a legit player in mergers and acquisitions (see transaction page here:
Fellow shareholders I realized last week many of the questions being asked had been staring me in the face for the past month. I feel the need to share it with my fellow shareholders in hopes that it shares some light on what we are holding. As we know, with penny stocks there are really only 2 kinds: those who scam and those who are legitimately trying to run a business. Sometimes, because they don’t release fancy press releases, people overlook the actual contents of the official filings (in this case 8-k). This is not only a DD, but also a breakdown of the 8-k putting it in laymans terms. Believe it or not, most of the questions that have been presented to this board are addressed in the 8-k.
Summary of some items that will be discussed:
- Team Nations is officially Emperial Americas, this is clear
- Victory Partners plays a critical role in the outlook of Emperial Americas as a public company
- Previous debts are settled
- This is NOT A SHELL COMPANY
- Stated debt of $475,000 to Victory Partners
- One billion shares of COMMON STOCK are locked up
- Victory Partners revenue parameters
- Victory Partners on the board of Emperial Americas
- Joel Contreras worth millions of dollars
- Alonzo Pierce and Bruce Klein, very experienced in their roles
$TEMN
From the 8-k:
Quote:
ITEM 1.01. ENTRY INTO MATERIAL DEFINITIVE AGREEMENT
ENTRY INTO PURCHASE AGREEMENT FOR MAJORITY CONTROL OF ISSUER
On January 5, 2012, the Corporation had the majority controlling interest changed to the control of Emperial Americas, through the purchase of four sets of Series A Preferred Shares by Victory Partners, LLC. In a private sale, the four main holders of 60 Series A Preferred Shares, being Dennis R. Duffy (15 preferred shares) Janet Okerlund (15 preferred shares), Daniel Duffy (15 preferred shares) and Norman Francis (15 preferred shares). Additionally, Victory Partners received the rights to 1 billion common shares held by the same four individuals in the amount of 250 million shares each. Such shares were purchased by Victory Partners, and thus controlling interest of the Company was passed while simultaneously, a share exchange agreement was entered into for simultaneous exchange of such preferred shares with Victory Partners, for a sum of $475,000.00 to be owed to Victory Partners from the Emperial Americas. Additionally Victory Partners negotiated the purchase and assignment of some $720,000 in debt owed to the four parties previously due from Team Nation Holdings, Corp.
On January 5, 2012, the Board of Directors executed resolutions whereby the name of the Corporation was changed to Emperial Americas, Inc. and the address of the Corporation was to be made at Emperial Americas, Inc. located at Sarasota Courthouse Center, 1990 Main Street, Suite 150, Sarasota, Florida 34236.
Additional filings for disclosures under Items 2.01 and 9.01 of Form 8-K will be enhanced with further filing by the registrant within the necessary time period. Items which will be filed under 9.01 will include pro forma financial information to be included, which shall include the audited financials of
Emperial Americas.
Emperial Americas and Victory Partners were indemnified against all claimants for any debt to which there may exist from Team Nation Operations by the selling shareholders of their preferred shares.
What does this tell us? This is telling us that Victory Partners has played an enormous role in this reverse merger. This also tells us a very important fact that ONE BILLION shares of COMMON STOCK are locked up. This tells us that the $720,000 debt owed by Team Nations was settled and none of the previous debts exist. We can see that financial information will include audited financials and this will be filed within the required time period. These statements are clouded in legal jargon, but these are big statements to kick off our 8-k.
Now let’s take a closer look at why Emperial Americas dealing with Victory Partners is so important.
Victory Partners is a legit player in mergers and acquisitions (see transaction page here:
