Monday, December 26, 2016 6:51:57 PM
Seth Shaw was never involved in any fraud whatsoever, nor is he a "thug," nor is he the cause of anything remotely responsible for the disaster that BVAP became.
BVAP was destroyed, simply speaking, because the CEO prior to Seth Shaw squandered millions of dollars on pure craziness and decided to financially back an 8th rate music group instead of paying the auditor and paying for necessary corporate actions.
It's pretty simple actually. The company pissed away all its money and never generated meaningful revenue because the CEO in 2015 was extremely poor in his decision making.
Seth took over the company in Janaury purely to try to save it from imminent bankruptcy. In addition to squandering Millions, the Previous CEO also managed to rack up millions more in liabilities and debts.
Seth settled these liability during March and April.
These are the facts. And continuing to debate this is a waste of time because the facts are really black and white.
Hope this clarifies some stuff. There are people on this board who consistently threaten Seth and tell a story about him that is 100% false. Do not rely on the words of others, do your own research. And you'll find very quickly that everything in this post is both accurate and verifiable.
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