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Re: CGardener post# 48957

Tuesday, 07/01/2014 1:10:55 PM

Tuesday, July 01, 2014 1:10:55 PM

Post# of 50129
I do not believe Parilla even has any concept about the impact his decisions will have on the scores upon scores of individuals. It is negligent on his part. It is one thing for an investor to lose all his/her invested capital, but to incur additional liability on the investor in a scheme to induce investment which benefits primarily him is fraudulent.

Any dissenting shareholder(s), should this not work out well, should return the shares by year end as to not have to endure an IRS liability personally. They should check with a CPA who has public company accounting and taxation experience before making any move.

Nobody wants to get a letter in 2017 from the IRS asking the payer to amend its 2014 filings due to additional information provided by third parties.