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To: MorningLightMountain who wrote (21845)4/5/2012 10:41:51 PM
From: jimmenkneeRead Replies (1) | Respond to of 53574
 
I agree-- even under the popular pumper fast DD timeframe (only takes a few seconds? a few minutes?), no one in their right mind would "value" NewsUSA copyright free content as being a viable media "tool" to attract customers/investors...

Also, to correct who paid what to whom:

--April 2007 By deduction, Lextra pays $3.3 mill worth of shares to M4E (but they are a private co). [3]
--Aug 2007 Sportsquest buys Lextra [1] for 2 mill shares quoted at the time at $0.45 ($900 k) [2] and forgivenss of note of $500k.
--Aug 15, 2008, the contract w/ Sportsquest is terminated and Domark pays 2.64 mill shares @ $3.79 ($10,005,600) for media credits, but paid in capital of 9,997,360 (4)
--Aug 24, 2009, the transfer to JBI

How much was actually spent for the very same dubious media credits?

1. sec.gov
2. sec.gov
3. siliconinvestor.com
4. sec.gov



To: MorningLightMountain who wrote (21845)4/6/2012 2:44:40 AM
From: SteveFRespond to of 53574
 
I still think (and this is TOTALLY my opinion) that the media credits were more for giving credibility to the touted uplisting, by making the books "juicer"....

Simpler than that: Kidd (being an old-school greedy scammer) convinced Mr. 170 IQ that he needed the pot sweetened a bit before selling his sister-in-law and Javaco. Kidd even threw Jaclin in the deal so the whole thing made sense to Hobbit John.

[And that's totally my opinion]