RE:RE:Update on Choklat?
BradChurchill wrote: Nope. Namaste's loan has been converted to common stock but in spite of that Namaste's equity is down to 42%. I am still the CEO and now control 58% of the company. Our chocolate bars (the exact ones Meni walked away from) are now for sale in licensed stores in Alberta and are receiving rave reviews under the Phat420 brand. Www.phat420.ca We are in the review stage for our own sales license. We are ready to launch 4 more edible products (sugar and drinking chocolate mixes) And we are still suing Namaste for $12 million.
so choklat "STILL" in the process of suing namaste for $12m while the loan had already coverted to equity?
sounds like it hasn't even went to court yet and brad converted the loan to equity by himself?