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Post# of 36237
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Rich

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Rich

Re: Snizzle post# 21449

Tuesday, 06/17/2014 11:50:12 PM

Tuesday, June 17, 2014 11:50:12 PM

Post# of 36237
Two things to keep in mind, Tarpon Bay sued for the money because they "had purchased from certain service providers of the Company pursuant to the terms of separate receivable purchase agreements between Tarpon and each of such vendors ".

They were given about 27M shares of common stock which are most likely gone considering the volume, imo.

Plus, Tarpon Bay is run by Stephen M. Hicks. The SEC has previously filed a complaint against him and his former company, Southridge Capital Mgmt..

http://www.sec.gov/litigation/complaints/2010/comp21709.pdf
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