InvestorsHub Logo
Followers 168
Posts 18031
Boards Moderated 3
Alias Born 11/29/2010

Re: EdwardVakser post# 51667

Tuesday, 05/05/2015 1:22:39 AM

Tuesday, May 05, 2015 1:22:39 AM

Post# of 102937
Edward--about your spin on Luther---

(My questions and comments are in RED)

Myself and the management did not know of his issues. When we met, in Florida, he checked out fine.(When was that and what exactly did you do to "check him out"?)

Then, when the issues popped up 2 years ago (You announced Luther as CEO of PRPM on Dec 19, 2013.. 1 year, 4 months, 15 days ago. So you knew about his warrant before making him CEO),

we sent him some money to address the issues,(the "issues" being a felony warrant for grand larceny), and he did so (not according to the cops who finally tracked him down in early April!)

Then, when the issues popped up again,(but now in New York) I addressed them with him (when exactly and how so? Surely you realized you had a wanted felon as CEO. We found it so you certainly should have),

and he said there was a mix up with the states and the statute of limitations, and that its being solved. He argued that he wouldn't have joined any public companies if he felt that the issues weren't gone (BALONEY... rather than investigating the truth as was your duty you decided to go with a wanted thief because he was a longtime loyal foot soldier/ pumper for your various companies).

Then, he resigned in order to complete the deal and not to add any more pressure to our companies (Imo he resigned because he knew the noose was tightening and he'd better move to a new safe house. ). I wished him all the best, and told him that he is welcome back once he clears himself and his name. (Wait a chicken pickin minute... "YOU told him he was welcome back?" What happened to all that B.S. about you having "RESIGNED" and being merely a shareholder???? Seems you were still running this scam all along!!!! Btw: WHAT HAVE YOU DONE TO HELP HIM SINCE HS ARREST? IS HE STILL ROTTING IN JAIL? If so, how pathetic that an insider like him --one who promises great riches to investors-- can't make bail!)

To this day, everything that we did with the companies was done correct and by the book. So we will not be affected by whatever happens to his case (the SEC might take a dim view of the fact that you twice knowingly installing a wanted felon as CEO of your public companies. That's hardly "by THEIR book.").

Also, his alleged issues, have nothing to do with us, or our companies or any public filings and/or operations. (you are correct in that SUTI/PRPM are not "liable" for problems arising from his grand larceny felony. However, some here feel you failed miserably to disclose all you knew about this guy and the legal ax hanging over his head. Most of all...

YOU CHOSE TO STAND BY SILENTLY AND WATCH AS HE (A) REPEATEDLY DENIED THAT HE "WAS NOT THE SAME GUY" WHO WAS WANTED BY THE POLICE AND YOU KEPT QUIET AS HE THREATENED TO TAKE LEGAL ACTION AGAINST THOSE WHO WERE IMPUGNING HIS REPUTATION AND GOOD NAME. AT THE VERY MINIMUN THAT MAKES YOU COMPLICIT IN THAT OBVIOUS DECEPTION!)

Finally... WHERE IS THIS "JARROD/ JERROD TURNER YOU ANNOUNCED AS LUTHER'S REPLACEMENT? WHAT ARE HIS CREDENTIALS? ARE YOU 100% SURE HE'S NOT A CRIMINAL TOO? WHERE'S THE PROOF?


My "opinion" is as valid as your "hearsay"