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Re: Seminole Red post# 234171

Thursday, 03/23/2006 1:47:40 PM

Thursday, March 23, 2006 1:47:40 PM

Post# of 279080
Specifically, Fan signed an agreement to take over the company and produce funding on a schedule. He promised to bring in close to 80 mil in funding from his asian contacts. Frank, Rene and Gary were offered 4 mil each to sign over the company. Carol H. encouraged the deal to go through because she wanted her President title. Carol threatened to have the carriers turn off the signal if she did not get her position and Frank Olsen not step down. Frank signed the deal and the board stepped down - hoping to get their payouts. Fan has not produced anything. It is a fact. That is why you have not heard from him. This is all a mirage. I am sure that Carol is devastated. Frank, Rene and Gary have not received a penny yet and many of the current talent have still not been paid.

There is more to the story... another side that not many know about.

These posts are all my opinions and beliefs and that is it - nothing more. I write from my experience and from what I am told by others. When it is from others I state that it is from a source who witnessed incidents first hand. I do not reveal my sources

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