Saturday, December 31, 2016 4:28:09 PM
You're talking in ridiculous circles; nothing that I said isn't true. You talk about "gentleman agreements" - which don't mean a blessed thing in a court of law! The Marley family has documentation on what the license agreement is and how JAMN failed to live up to the terms of the agreement. They made license payments for about 2 years then stopped - that is the simple fact of the matter.
Um, no; it's not! Read the text of the lawsuit against JAMN; there was no "complacency"; they kept on asking for documents that JAMN failed to deliver! And at this point, JAMN is still using the Marley Coffee name, so there is nothing to "make whole". They haven't suffered a single loss from the Marley family because they haven't stopped using the name! The losses that they incurred up to this point are due to
1) runaway expenses that haven't stopped
2) overuse of debt to finance operations
3) the loss of a relationship with Mother Parker which got them out of the K-cup business.
Even if they retain the license and win the lawsuit, the will get $0 from the Marley family.
Rohan and Martha sold to avoid losses. Toevs made an arrangement to help JAMN and others gain. Both are instances of insider trading - plain and simple.
Toevs - the same one who told us that BikeCafes would be great? The same one who said that they would take over the office coffee market? The one who told us months ago that there would be a new interview with SmallCapVoice? Time and again he has made promises that went nowhere. This is yet another pipe dream.
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