Bubae
18 hours ago
That reg A offering was the plan to consummate the reverse merger agreements. First and foremost of the agreements is the Janbella redemption agreement to buy out the previous majority ownership. No reverse split, no ability to sell the free trading shares of the reg A which should be clear. What is becoming clear to me is that the SEC isn't going to qualify that reg A for what looks to be a very shady deal and false Mexedia narrative.. If they do, look out below. 😆 The new management has already added three billion shares to the float between October and the end of 2024 alone. For those new to this ticker the terms of the agreement are in the reg A prospectus along with Mexedia's escape clauses.
FORM 1-A Filed November 29, 2024
https://www.otcmarkets.com/filing/conv_pdf?id=18016117&guid=hK0-kqGiKuGaJth
Regulation A Offering. Should we fail to have filed an Offering Statement on Form 1-A pursuant to Regulation A of the Securities and Exchange Commission (the βReg A Offeringβ), on or before October 28th, Mexedia SPA has the right, but not the obligation, to rescind the Acquisition Agreements. This condition subsequent has been waived by Mexedia SPA.
Reg A Offering Proceeds. Should we fail to have obtained the sum of $1,500,000 in proceeds from the Reg A Offering, on or before the date that is six (6) months from the date of the SECβs qualification of the Reg A Offering, Mexedia SPA has the right, but not the obligation, to rescind the Acquisition Agreements. (See βRisk Factorsβ).