OK boys, here's the scoop...
Fan, as you should already realize, is now in breach of contract, eod today. Due to multiple, contractual, unmet time lined commitments, all financial.
Contractually, this nullifies the agreement Fan had with previous management, owners, BOD's.
The financial statements released today was an effort by Fan and Hinnant. To cause enough public concern, that a backlash towards Frank and previous management would emerge, once the breach is made public, and it's announced Fan will be out.
Their hope is for an uproar, due to the terrible financial statements and that the previous management had not been forthright in their depictions of QTN's circumstances. Hoping for enough outcry, against Frank and previous management, when the breach is made public. That Fan and Hinnant could get additional time to implement their plans and maintain control of QTN.
Just imagine the intrigue going on over the weekend between all parties involved.
Let me add...imo. Gotta include that, right?
