Wednesday, October 29, 2014 9:22:29 PM
Serving as interim CFO for two weeks three years ago, before I resigned, does not constitute a "scrape goat" for all the problems of Peter and the Company as you so alledge. My only fault is that I recognized very early on the type of management Peter is .... and it is not complementary. I have warned many investors to steer clear of PVEC and ultimately it has proven to be good advice.
Let's face it, Kerry and you were promoting this stock as paid promoters without disclosure initially. You were paid significant amounts of stock for such. This is illegal and should be of interest to the authorities. Proof is in your postings prior to your announcement that both of you had accepted positions with the Company. I believe shareholders have an absolute claim against both your and Kerry.
Further, the stock you received, as disclosed in the Annual Report, is subject to declaration at market value on date of issuance for wages and personal income tax. This has been reported to the IRS. Make sure you pay the income tax and social security tax on such income. It is a bear I know to write a check to the IRS for stock that proved to be worthless.
And yes, the "scuttlebutt" is that Peter fired both you and Kerry for not following his instructions. Evidently, you had different ideas than Peter's.
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