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Re: takeachance2012 post# 76162

Saturday, 10/25/2014 2:45:42 PM

Saturday, October 25, 2014 2:45:42 PM

Post# of 92285
The Plan? here it is in a nutshell. First off tuffen would have sold the corp in the range of $150K, and 2ndly, he also fleeced every last dime he could on the way out..

In connection with the Merger, the Company and Brian Tuffin (“Tuffin”) executed a Severance Agreement (the “Severance Agreement”) pursuant to which Tuffin agreed to resign from all director and officer position held with the Company in exchange for a severance payment that includes (i) $15,000 cash payment upon resignation, (ii) $75,000 which shall be payable to Tuffin pursuant to the terms that certain escrow agreement entered into by and between Tuffin and the Company, and (iii) a restricted stock grant equal to 4,250,000 shares of the Company’s common stock pursuant to the Company’s 2014 Equity Incentive Plan.



Not a bad take for a thief eh?

And man you gotta just love the new name "Spiral" serves are a reminder of what a toxic dilution DEATH SPIRAL is.

I'm betting your new company is in Tuffin's 4 F club too.
Find em, Fleece em, F em and Forget em.

Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.

I don't have a humble opinion!


At's ma boy!