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Alias Born | 04/24/2009 |
Monday, May 02, 2016 7:28:13 AM
http://api.ning.com/files/TkRyGB8XlNDWvtOyNw4bEQ5EZO6OA4e7HW6KdSk*U7yLu2a6SR0S3PQFc4MNw92Tp1BvrNHR-WlVmjTJnShcjYWZPsHymD6j/WOGITOBarronCapitalCeaseDesistPDF.pdf
As a shareholder in both companies, I am annoyed at reading this letter.
WOGI is claiming multiple things that I take issue with as a shareholder.
1: WOGI is claiming they were never a customer of Baron. That is completely false. If it weren’t for Baron, WOGI would never be a publically traded company. Baron helped WOGI merge into the CYBK shell to become a public company. Baron has said all along that merging private companies into dead shells was their business. What is now, WOGI wanted to go public but didn’t want to go through the lengthy and costlier route of IPO and instead used the services Baron to go public. So because the old CEO made a decision that the current CEO doesn’t approve, don’t mean it’s not part of company history. For example, Steve Jobs said he would never make a larger iPhone, Tim Cook clearly disagrees and we have the larger iPhone 6. Yes, I know it is an exaggerated analogy but the point is there.
2: Does Nathan Hall make it a habit of paying bills without know their true history? According to quarterly reports released by WOGI, they have paid Baron several times. Creating a pattern of acknowledged debt. Then WOGI made one final large sum payment of $330k. Are truly to believe Nathan didn’t know and understand this large debt he paid? Who pays bills without knowing their true nature?
This response is pure garbage and a desperate an attempt as it is to name a VP running mate when you have no chance of being the nominee.
Get it together WOGI. Know your corporate history and pay your bills!
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