*WARNING* Look, Im for doing whatever you feel
Post# of 5570
Posted On: 03/19/2015 9:15:13 PM
*WARNING*
Look, Im for doing whatever you feel is right to protect your investment. I have alot of respect for Mr. Saul Federman and what he was able to accomplish is a very short amount of time. However, I do see one major problem with the actions or complaints put forward to the SEC by shareholders at this current time. Unless ALL SHAREHOLDERS want to be STUCK in a stock placed on the grey market for SEVERAL YEARS and NOT BE ABLE TO SELL after the SEC suspends it because of these complaints, you peeps better cut this crap out!
Now lets ignore the top concern for a sec and consider the following. I understand if a proxy is sent into the company, under the corporate rules and regulations of issuers registered in the state of Nevada, that a vote would be required to perform a corporate action. My question to all shareholders is, who ownes all the majority preffered stock with voting power according to the SEC filings.
"The holders of Series A Convertible Preferred Stock shall have the right to vote on matters that call for a vote owners of Common Stock and shall have 10 votes for each share of common stock to which the Series A Convertible Preferred Stock held by a holder is so convertible."
Can anyone answer that?
$MPIX
https://www.sec.gov/Archives/edgar/data/10533...rer14c.htm
https://www.leg.state.nv.us/NRS/
Look, Im for doing whatever you feel is right to protect your investment. I have alot of respect for Mr. Saul Federman and what he was able to accomplish is a very short amount of time. However, I do see one major problem with the actions or complaints put forward to the SEC by shareholders at this current time. Unless ALL SHAREHOLDERS want to be STUCK in a stock placed on the grey market for SEVERAL YEARS and NOT BE ABLE TO SELL after the SEC suspends it because of these complaints, you peeps better cut this crap out!
Now lets ignore the top concern for a sec and consider the following. I understand if a proxy is sent into the company, under the corporate rules and regulations of issuers registered in the state of Nevada, that a vote would be required to perform a corporate action. My question to all shareholders is, who ownes all the majority preffered stock with voting power according to the SEC filings.
"The holders of Series A Convertible Preferred Stock shall have the right to vote on matters that call for a vote owners of Common Stock and shall have 10 votes for each share of common stock to which the Series A Convertible Preferred Stock held by a holder is so convertible."
Can anyone answer that?
$MPIX
https://www.sec.gov/Archives/edgar/data/10533...rer14c.htm
https://www.leg.state.nv.us/NRS/
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U.S. Constitution
"The Preamble
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
Oath
"I solemnly swear to support and defend the Constitution of the United States of America"
The Flag
"I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all."
"The Preamble
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
Oath
"I solemnly swear to support and defend the Constitution of the United States of America"
The Flag
"I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all."
Quote:
If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/
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