Mr. Grover,
We have received FOMO Worldwide’s various demand emails and letters. On behalf of Peer To Peer Network aka Mobicard (PTOP), I have taken the time to respond herein. For the record almost all of the information contained in your letters was inaccurate.
Your special shareholder meeting demand letters are from FOMO Worldwide. According to our stock transfer agent www.empirestock.com as of the date of your demand letters, FOMO WORLDWIDE was not a shareholder of PTOP. Further, your special shareholder demand letters do not meet the statutory requirements of WY law as they are not signed by the syndication of shareholders purporting to be acting together calling for the meeting.
Moreover, you have sent a variety of demands for shareholder inspection rights. The first from FOMO, which is not a shareholder, and even if your personal shares are imputed to FOMO, there is not a requisite shareholding under WY law to qualify for this right. Under a second demand letter, you purport have proxy for Andy Sajnani as managing partner of PTOP shareholder Think Latitude, however PTOP has nothing from Andy Sajani validating this.
Furthermore one of the shareholders you claim to have participating in your group is actually deceased.
In light of the above, at this point, you have not provided to PTOP any compliant demands under WY law.
_____________________________
Joshua Sodaitis
Chairman & CEO
Peer To Peer Network
Cc: Dale esq; Scott Olson esq
In view of the information that is evident in Joshua's letter to Mr. Grover, it seems quite interesting that a small group around Mr. Grover and Andy Sajani of Think Latitude, holding the majority of the shares of this small group, is challenging the current management although:
This small group has contributed $ 0,00 to support the company..!!
Think Latitude is to blame that the company has lost close to 3 years of operations ( I will leave the amount of damage to your imagination)
As I have stated on many occasions, I have been following the developments at PTOP/MobiCard very closely and can see absolutely no reason not to have confidence in Joshua Sodaitis and his team.
In the difficult times the company has faced, especially this past year, Joshua has kept the company afloat and the product alive, working for us shareholders mostly w/o direct compensation.
As I understand, the company is picking up momentum right at this moment and will achieve important goals in the course of this year to secure business development and increased share value.