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Re: saigai post# 3325

Thursday, 08/20/2015 1:02:17 PM

Thursday, August 20, 2015 1:02:17 PM

Post# of 26028
The settlement most likely will BANKRUPT ZMRK!!!
Geoart9...your math and logic are flawed. You state that a four million dollar payout will not destroy the company as they could sell shares to raise the funds. Then you go on to say whats another 13-20 million shares to a 71 million O/S.

My math says they would need to sell 133 million shares at $0.03 to take in $4,000,000.

And nobody would pay 3 cents a share anyway when buying that kind of volume.

ZMRK has to be sweating bullets because they can't escape this (even though they tried) and you cheerleaders have your heads all buried in the sand. Were Crayola and Mars ever informed about the lawsuit and settlement? If they weren't then they have legal justification to rescind any contractual obligations.

One last thing before I have to break for lunch; I want to personally thank I-Glow for his excellent coverage of the lawsuit.
It's a game-changer.