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Re: lonewolfe1586 post# 15554

Saturday, 04/25/2015 11:31:15 AM

Saturday, April 25, 2015 11:31:15 AM

Post# of 38743
As explained a few dozen times already, the merger issue is a red herring and has NOTHING to do with the case.

What are the key facts from the 2000 time frame?

1. 29 investors psid for 100% of the funding for the codec license from Iterated (none of them were named Simpson or Haskins)

2. DFI was an S corp and could not issue stock to non-individuals so they could not complete the contract with Iterated

3. DFI management started DFMI and moved 100% of the board, shareholders, assets, everything to DFMI. Nothing was left in DFI and they stopped filing reports with the state and stopped filing taxes. Eveny shareholder including Simpson and Haskins turned in their DFI shares and got DFMI shares in their place

4. DFI filed its 2000 tax return and reported ZERO assets, shareholders. When tmm restored DFI in 2012 and rewrote history they still showed DFI with ZERO assets in 2001-2012

5. The same CPA filed the DFMI taxes for 2000 and reported the codec license as a major asset. DFMI continued to report the codec as an asset until it was transferred to Panik.

All DFI/DFMI shareholders were assured numerous times in 2000-2001 by all versions of DFI/DFMI management that all assets were in DFMI. This is reinforced in letters, emails and video evidence.

Bring on the jury. The judge has already said claiming anything else is securities fraud!