TheDirectory.com, Inc. (SEEK)

[rhumphre1]

Interesting ASSUMPTION! WHAT are those " creditors " going to get? A magical share of a couple of million dollars worth of URL's?? Obviously his WEB site is not worth anything. He has little to NO cash in the bank ( according to his own financials )!

Scott has HUGE DEBT staring him in the face with NO WAY to pay it back. He has leveraged FIFE and other creditors against each other......borrowing from Peter to pay Paul. Now Peter want's his money and Paul is nowhere to be found.....

All shareholders have here is an imminent BANKRUPTCY that will, just as I have stated before, be happening shortly. No CEO can run any type of an operation with this HUGE DEBT and BILLIONS of shares lying around.

Scott is silent because he CAN'T find a buyer, knows he is in BIG TROUBLE with his creditors and has nowhere to hide anymore. I still expect that DEAR SHAREHOLDERS letter before Xmas.......

GREED is the driving force with 99% of Scott's actions over the last 3 years and the MANIPULATION OF THE PPS via those CHEAP SHARES he handed out just goes to prove it!

SEEK is a perfect example of what the SEC WHISTLEBLOWERS site needs to investigate.