Wednesday, October 22, 2014 1:33:50 PM
If any one on this board has ever signed a consulting agreement with Pressure Bio in which the stock had a stated price which was above the market price of the stock at the time, can you please respond to this post and I would like to talk. In addition, if you are an investor in Pressure Bio and your stock is subject to a price that resets, please respond to this post and I would like to talk.
In September 2013, a company I represent signed a consulting agreement with Pressure Bio in which the stated value of the stock was 40 cents. At the time, the stock was no where near that price.
I contacted Mr. Schumacher on several occasions for an explanation and have not received one. When we asked to review the corporate books which Massachusetts corporate law allows subject to several conditions, we were told by their corporate counsel that the board does not believe it was a good faith inquiry. We believe it is and we believe we have complied with all conditions required under the law of the Commonwealth Massachusetts.
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