|
OK ....... Looks like we have dropped Ian McIntyre as being named on the Edwards Agreements.
And it looks like the discussion has turned to the amount of shares that the “Edwards Entities” have sold.
But were still on the subject of:
“Why Is Ian MacIntyre on John Edwards Trust agreements that sold 276bill shares of CMKX?”
>
>
>
All of these companies that you provided are claimed to be owned and/or controlled by “Edwards.”
I am not going to research every one of these companies to verify that “Edwards” was in fact controlling each entity. So I will trust that you and the TF did your/their DD on each entity.
But .....
There are two (2) problems I see when determining the quantity of shares that have been issued to the “Edward Entities.”
////////////////////////////////////////////////////////////////////////////////////
Problem 1
The number that you calculated, 289 Billion Shares (289,537,675,506) .....
The number is not correct.
The reason why the number is not correct is because you have not considered the certificates that were exchanged. And any exchanges would double up the total issued.
Example:
Company “A” was issued a 500 million certificate in the name of company “A.”
At a later date, company “A” returns the certificate back to the transfer agent and the transfer agent reissues a new certificate in the name of company “B”
This transaction, changing the name on the certificate, this transaction will double the amount issued to record 1 billion shares. However, the original issuance was only 500 million shares.
And then if company “B” returns the certificate back to the transfer agent, and the name is changed again to company “C,” that will triple the issued to 1.5 billion when the original issuance was only 500 million.
That’s the game that “Edwards” played.
Edwards shuffled the certificates back and forth to different companies.
And eventually the shares ended up being surrendered to CEDE.
Then there are the restricted certificated that were returned to the transfer agent and the transfer agent reissued a new certificate with the restriction stamp removed. This transaction will double up the issued shares too.
The below PDF file shows the original issuance to each entity on your list.
http://convert.neevia.com/prods/2f61407e-fcb1-491b-a060-4cb2c662171a.cvn/1.pdf
The number I come up with is:
~~ 148 billion shares (148,443,790,611).
Check out the original issuances and pop away with any questions.
////////////////////////////////////////////////////////////////////////////////////
Problem 2
Again, you’re claiming that all these companies on your list are owned and/or controlled by “Edwards.” I am not sure whether you are claiming the “Edwards” relationship by the address of each entity (being the same address), or if there is a document to back up that “Edwards” has control?
Because the ABDU trust was located at: 1350 E. Flamingo Road, Suite 342
And AGAP Serene Services was located at: 7500 W. Lake Mead Blvd., Suite 9627
I am not going to check every single entities address and/or every single entities available documents, so I will accept that the list reflects what you claim.
But I do have a few questions as to why you’re claiming certain entities are owned and/or controlled by “Edwards.”
--------------------------------------
The Canadian Companies that you claim are linked as being owned and/or controlled by “Edwards.”
|