Thursday, December 04, 2014 2:39:42 PM
Shelly Singhal purchased my 5,000,000 Preferred shares with 5:1 voting rights. He then issued tens of millions of new shares in exchange for no capital, in violation of written contracts that prohibited him and ADIA from doing precisely that.
When Bill Hodson promised to stop that nonsense and cure the breach of contract, and when Shelly promised to transfer the Preferred shares to Bill, so that ADIA could remain a probiotics company as the co-founders and many of the legitimate investors in Adia Nutrition requested, what reason did I have to refuse?
Either there will be a spin-out of Homeland Forensics as-promised, after which Bill and Tony and Shelly and whomever they wish to add to their team will keep doing what they're doing, or ADIA is going to be renamed Homeland Forensics and then you can insult me as I finish rebuilding the cybersecurity and forensics business that somebody else ran into the ground and left with millions of dollars in unresolved debts.
I have already worked diligently since 2006 to resolve those past conflicts and to build a viable foundation for the relaunch. The final step in terms of corporate restructuring now hinges on the outcome of the uncertainty over the immediate future of ADIA and Bill Hodson.
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