Point by point response to this absurd post:
1) N/A
2) Only corporate offiers have any authority
3) The CEO is incorrect. He is responsible and looking to divert blame
4) All is fact. These events occurred and were recorded at the Company and by the Bank.
5) There is no evidence that E.G. concurred with the transactions, accepted the transactions, or had any authority to authorize the transactions. He only reported that he witnessed them and they were improper. StarQueens had not been previously disclosed, so it is obvious that those transactions would have been reported if not improper. The IRS will concur that the transfers to Star Queen were improper.
6) Star Queen was created and funded in 2009. Only reported in 2012, because the improper disclosure got out.
7) The author is clueless about what the former controller understands and for the record, no grid note transactions occurred until later in 2012, after the controller left. The author of the post clearly made an error here.
8) The post author is asked to provide his legal credentials in the United States, and thus his capacity to opine on what a United States court would accept.
9) I am not familiar with a document that uses that wording, unless you wrote it.
10) No evidence exists that the former controller traded on this information. If management was not guilty, the stock would have gone up after the market digested the letter.
11) The lawsuit was clearly a smear campaign of the person that outted the AAPT fruad. Nothing unusual there. If AAPT was serious about the lawsuit, they would have paid their lawyer and kept him working on it. Now, AAPT has missed deadlines for depositions and interrogatories and now they will show up at court in May with nothing but the former controllers name and address. Barry and Lisa are incompetent at everything including conducting a smear campaign lawsuit.
12) I have no idea why you are saying it is a stupid move. AAPT sued in State court instead of Arbitration. AAPT won on venue, then AAPT defaulted on prosecution of the civil case.
Conclusion: AAPT was a fraud to allow Barry and Lisa to live like sultans at the expense of shareholders. The house of cards was going to collapse regardless of anything that the former controller did. Even the investor that posted a few days ago that went to Kansas and saw a an incomplete factory and much less than one millions moldy bars each month. A stable company would survive a false attack, but a fictitious company with two scam artists for directors COULD NOT SURVIVE THE TRUTH. That is the only conclusion everyone should reach.
AI
