Saturday, May 28, 2016 3:04:25 PM
I'm in the camp that thinks Scott tried early on, but it became a paycheck after the SOE deal fell through. The SOE was not a scam, as Scott clearly visited China, and the SOE posted of this on their site.
Who knows what happened to the Houston results, the soe report etc. Can't tell you. What I can tell you is that the board is now dan, scott, and otto. Dan and otto are large shareholders. Both have posted in years past as having participated in private placements for significant sums of money. So, they have "skin in the game" and an interest in seeing a return on their investments. Scott, by all accounts, appears to have been given his shares, though he's supposedly also loaned money to the company and kept the lights on.
Yes, scott is still the ceo and chairman, so he still runs the show. But, he now has two long time shareholders on the board to work for the interests of the rest of us shareholders. So, control of the board and direction of the company now is with the shareholders. This is important.
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