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Re: cricket69 post# 74356

Monday, 04/13/2015 1:43:24 PM

Monday, April 13, 2015 1:43:24 PM

Post# of 79740
The way I understand this situation is: Mr. Syms partnered the Evermedia Corp with STS and made the former owner of STS, CEO of STS, The former owner of STS and now CEO was in control of the STS side a couple of years and decided to take a large sum of monies about a million dollars. My question is where did that million dollars come from. I am thinking it came from operating income funds, made from past profits. That was one million dollars out of operating funds of which he had only been CEO approximately 2 years. Now, at .001 cent per share the whole company as of today, all 1,926,618,910 shares are worth only $1,926,618.91, less than 2 million dollars,. According to past earnings of former STS CEO the annual earnings would buy the whole company back in 4 years. Now it is my understanding that both companies have been in litigation for about 2 or more years. If these understandings are facts, where do we stand financially today??????? Marvin