WeWontDissapoint
11 months ago
Wow! Just found your posts, I chased Milanion via MSGP and ILUS before for 3 years. Lost $30k on MSGP and could never get them to respond via contact. I am very surprised to see them in this new ticker. As you mentioned the audited financials were likely the problem, but that was also a while ago. It would be nice to know how soon MSGP can acquire audited financials as the time window shifts forward. Milanion is actually 3/4 entities. MSP/Warblefly, Milanion NTGS, Milanion Tech, Milanion Group, See them here:
https://find-and-update.company-information.service.gov.uk/officers/uryPw-XnkwEOfWcxmCOii6H6btc/appointments
OMOLIVES
11 months ago
If you did you wouldn't have said a damn thing about the control block...it doesn't exist. Ross owns half(USD1 Million) of the USD2Million judgement and is in control. He amended the Preferred A and Preferred C....and is preparing to:
on February 28, 2024, the Board duly adopted the following resolution providing for the authorization of 10,000 shares of the Corporation’s Series C Convertible Preferred Stock (the “Series C Stock”), to be issued to Switchback Capital, LLC (“Switchback”) who holds a 50% interest in a judgment in the aggregate amount of $2,089,517 entered on May 16, 2019 by the District Court of El Paso County, Colorado Springs, Colorado(the “Judgment”), which 50% interest in the Judgment is convertible into approximately 632,169,022 shares of the Corporation’s Common Stock. The Corporation desires to issue to Switchback 10,000 shares of the Corporation’s Series C Stock convertible into 60,688,226 shares of the Corporation’s Common Stock in exchange for the satisfaction of $100,000 of the Judgment.
Upon the consummation of the transactions contemplated pursuant to an executed and delivered share exchange agreement by and between the Corporation, Ross Dimaggio, Milanion Technologies DMCC, a free zone company registered in Dubai, United Arab Emirates (“Milanion”), and Davinder Dogra, as the sole shareholder of Milanion (the “Shareholder”), each share of Series C Stock shall automatically fully convert, without any further action by the holder into one share of the Corporation’s Common Stock and the Series C that is converted will be cancelled and not be available for reissuance
And you surely would never had said this...:
I want to know what happened to the control block in here that DiMagio canceled? Who controls this shell today?
I'd love to see an up to date filing.
Till then I'm staying out.
No problem...good luck out there.
OMOLIVES
11 months ago
lol dumb ass...you didn't read shite' .. and didn't even read the Colorado SOS filings...both of them. lol...good luck out there.
on February 28, 2024, the Board duly adopted the following resolution providing for the authorization of 10,000 shares of the Corporation’s Series C Convertible Preferred Stock (the “Series C Stock”), to be issued to Switchback Capital, LLC (“Switchback”) who holds a 50% interest in a judgment in the aggregate amount of $2,089,517 entered on May 16, 2019 by the District Court of El Paso County, Colorado Springs, Colorado(the “Judgment”), which 50% interest in the Judgment is convertible into approximately 632,169,022 shares of the Corporation’s Common Stock. The Corporation desires to issue to Switchback 10,000 shares of the Corporation’s Series C Stock convertible into 60,688,226 shares of the Corporation’s Common Stock in exchange for the satisfaction of $100,000 of the Judgment.
OMOLIVES
11 months ago
Via Colorado SOS filed on Feb 28, 2024
Upon the consummation of the transactions contemplated pursuant to an executed and delivered share exchange agreement by and between the Corporation, Ross Dimaggio, Milanion Technologies DMCC, a free zone company registered in Dubai, United Arab Emirates (“Milanion”), and Davinder Dogra, as the sole shareholder of Milanion (the “Shareholder”), each share of Series C Stock shall automatically fully convert, without any further action by the holder into one share of the Corporation’s Common Stock and the Series C that is converted will be cancelled and not be available for reissuance
OMOLIVES
11 months ago
Last one failed due to this:
Presently, the Company’s Chief Executive Officer is keeping the Company active in anticipation of
being able to acquire a United Kingdom affiliated business which has revenue and operations. Whether that acquisition occurs will depend upon whether the Company is able to obtain audited financial statements for the years ended December 31, 2020 and 2021. While that will await the efforts and judgment of the Company’s independent auditors, the Company believes it can be done. Because of certain matters including the Company’s 2019 revenues and the absence of records, an audit for 2019 is not practicable. Assuming the audited financial statements are issued, the Company intends to acquire the related party entity for an unknown number and type of securities; however, any such acquisition will be very dilutive to existing shareholders since the Company is a shell with no operations and the affiliated entity owns an active business with revenues and operations.
Whether that acquisition occurs will depend upon whether the Company is able to obtain audited financial statements for the years ended December 31, 2020 and 2021. While that will await the efforts and judgment of the Company’s independent auditors, the Company believes it can be done. Because of certain matters including the Company’s 2019 revenues and the absence of records,an audit for 2019 is not practicable. However, the outcome of management’s plans cannot be determined with any degree of certainty
https://www.otcmarkets.com/otcapi/company/financial-report/351326/content