Unbelievable!!!
I went back and glanced at Conrad's press release and noted this line:
"As of March 31, 2014, the Amendment had been nullified by the Group's failure to countersign and consummate the document. Therefore, by default, the Sales and Representation Agreement (the "SaRA"), being the only duly ratified document, is the active agreement between CTI and the Group."
Huh?! So NOW, the agreement was ALREADY nullified by failure of the mysterious "Group" to sign it?!
Honestly, now, Conrad, try to think before you answer -- is that REALLY what you want to claim?
Then WHY O'WHY, Conrad, could you possibly issue an elaborate press release accusing Johnnie of violating fiduciary duty and declaring that the BOD was nullifying it?
If the deal doesn't even exist, then evidently Johnnie can't be blamed -- right? And you can't blame the deal for any loss of revenue -- since the deal didn't exist anyway -- right?
And, seriously, how high an IQ does anyone need to recognize that an agreement that's ALREADY been nullified doesn't NEED to be nullified all over again?!
And why does he keep referring to this mysterious "Group"? I've read the agreement at least half a dozen times and all I see is Marineo -- NO "group" in any way, shape, or form!
Just amazing! Every single time I think CTTC can't possibly look any worse than it already does, but what someone or something pops up to prove me wrong!
