Monday, October 06, 2014 10:28:34 AM
to hold management accountable. It is in the shareholders "best interest" to have management pay the debts that are due to the employees, consultants, lenders, and trade creditors. If not, these creditors will take both Peter personally and PVEC into bankruptcy.
Their are enough court ordered judgments and registered liens decided and filed now to force an involuntary bankruptcy of both.
Again, it is in the best interest of the shareholders to hold management accountable.
A Reverse Split or a Buy Back is meaningless if the Shareholders Equity is completely "wiped out" in a bankruptcy filing. Remember, Peter and PVEC cannot even dispute a bankruptcy filing if three judgment creditors file. It is in the best interest of the creditors now to file...the court absorbs their attorney fees (no charge to the creditors), and Peter will be held in contempt of court (and possibly jailed) if he makes any false statement to the court and judge.
It is going to get serious shortly.
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