Thursday, June 25, 2015 7:01:45 AM
First, Henthorn was questioned in early 2009 because:
He had been provided with about one million dollars in 2008 to pay for content, to pay the IRS, to pay numerous other bills and complete the audit. He did neither of there.
Instead he withdrew thousands and thousands of dollars from ATMs, regularly spent hundreds eating out to the tune of more than $100K, transferred around $30K to $40K per month to ILCTN accounts, paid himself more than $100K a year and his wife more than 20 via payroll, for doing nothing. Meantime in early 2009, checks started bouncing all over the place, the IRS came calling, court papers started coming in, content providers cut him off, et cetera. When he was questioned by the Board, he agreed to resign. He wanted out since he suspected the gauntlet was coming down.
Felgenhauer did not take over. He was in charge for a few weeks until he agree to let Green take over, who was a Gershuny/Henthorn mole and he did not know it. Then, when Green was booted, Gershuny took over, which was them followed, ultimately by Hodge, the current guy in charge who has been there for three years. All these people, who have been in charge for almost 99% of the time are the Henthorn crowd. They have destroyed the company and pilfered the assets of the stockholders. They are all criminals. We do not know the exact relationships between these men but we do know that they are all connected via business deals going back years many years. The record is clear that they have a history going back at least nearly a decade. The Felgenhauer crowd, which was never in charge got their money stolen. And that, you well know, it the truth.
ReelTimer,
So how is this so called "partner" relationship with artists gets monetized to the financial benefit of the corporation? This requires a simple explanation. This question has been asked more times than anyone could count, but no one had ever bothered to answer it. For example, how does the deal with Megs McLean benefits ReelTime?
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