WRONG. AP doesn't have to explain it.
I know he doesn't have to, but if he was planning, as was alleged, to file Form 10 and become fully reporting, he would have had to. he would have had to explain all issuance's and the consideration.
Something really strange is going on here. He's getting advice that makes him look like a complete idiot. That's what happened before and he's in the same situation as he was with Huffman and Klein.
Shhhhh Alonzo, don't explain anything. Let's keep the share price well below a penny and blame Phantom Shorty. Don't tell anyone who got what and why. Shhhhhhhhh Alonzo.
Geez.....
And now he's happy to be in discovery? Really?
The case is somehow getting very convenient, to say the least. Let's see if he's advised to drag it out, and does, or if he cleans house. He seriously needs to get the heck away from some people, that's for sure. When the shares are all gone, they'll be gone too.
All issuance's need to be explained. It's called being accountable. It also makes questions go away and could increase shareholder value.
But you're right.......he doesn't have to explain anything, though the plan was he would by now.
Hmmmmmm
