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Re: stlogic post# 4664

Thursday, 06/19/2014 2:11:54 PM

Thursday, June 19, 2014 2:11:54 PM

Post# of 6440
The ADIA team including Wen Peng and Shelly Singhal can invest in Homeland Forensics, Inc. like anyone else. They should not have given themselves millions of its shares, and they certainly never had the authority to give anyone else shares of the spin-out -- it was simply supposed to have been spun out, by September of 2011.

I'm absolutely certain that Bill Hodson and his team will take proper care of the ADIA co-founders and investors. That's not in doubt. There is no disagreement about the need to do so, but like any startup there's internal dissatisfaction with certain members of the ADIA startup team who did not perform as expected (who here thinks Wen vested the equity she was given last year along with her large salary?).

Finishing the clawback of the shares gives Bill Hodson a reasonable starting point for deciding who has and who has not performed up to acceptable standards in a startup. The new Board can use its best judgment to allocate warrants and/or shares of ADIA to the people who performed, but the company never had the right to give shares of Homeland Forensics, Inc. to the ADIA team members without my consent.

If you have some specific suggestions for how you would ensure that everyone is taken care of equitably, let me know. Everyone who owns ADIA shares should have a voice in that decision-making, and it is cost-prohibitive to call a proper shareholder vote at this time. Thanks.

PS is it really possible for Louise Lerner to "loose emails" you can find em can't you?



It is often easy to recover missing or deleted emails because unlike most other forms of information in cyber forensics emails are automatically copied to a number of places, intrinsically. For starters, every single email that Lerner sent ended up in at least one other person's email inbox. Then there's the email server which often keeps copies for a period of time and would likely have been backed up periodically. If nothing else, the hard drives of Lerner and the recipients and the SMTP and POP3/IMAP servers could all have recoverable messages and/or message fragments stored in unallocated clusters ... yes, I do believe I could track down those missing emails in the Lerner case. Know someone who would like that done??