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Thursday, March 24, 2016 11:33:20 AM
No question that Duane Spader has displayed a healthy amount of greed, arrogance, a huge ego, and a healthy amount of stupidity. However, perhaps we should give him a brief opportunity as the new CEO to refute your labeling of him as a "criminal," i.e. give him a brief opportunity to either return the huge amounts of shares he issued out to himself when he was previously CEO, or provide evidence that his issuance of all of those shares to himself was backed up by sufficient consideration and/or an actual injection of capital to back up and justify his issuance of so many VRTY shares to himself.
But, as I have said before, Mr. Spader's first and foremost task and order of business must be to bring the SEC filings current. Based on earlier shareholder updates, it was indicated that the delay was due primarily to Mr. Spader's lack of cooperation and withholding of information necessary to bring the SEC filings current. Now that he has ousted the prior leadership and taken over as CEO as of February 17, 2016, there should be no problem in bringing the SEC filings current.
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