Sunday, April 20, 2014 9:00:14 AM
"The DS trust account initially held 6,000 shares of John Bordynuik Inc."
"In or about October 2009 an additional share certificate representing 1 million shares was deposited to the trust account at DS."
Source of shares: unidentified.
"Immediately thereafter, on or about October 23, 2009, Bordynuik caused the shares represented by these certificates to be transferred to fourteen different transferees..."
Trust is now empty. Kids are confused.
"Again on December 10, 2009 Bordynuik caused 300,000 shares to be transferred improperly from the Childrens’ Trust account to the benefit of Bespoke Growth Partners."
Another 300,000 shares dropped from the sky? Was there a Share Fairy?
Kids do double-take. I got it, I got it, I got it...I don't got it.
It's hardly a surprise that some folk don't give a shit where the trust shares went....after all, $57,690,975 in book value was joyfully frittered away as of 9/30/13 (last we heard).....but don't you care where the Trust shares came from?
“I have had a wonderful time but this wasn't it.”
..........Groucho
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