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Tuesday, October 20, 2015 7:29:50 PM
Renegotiating debt doesn't mean it'll be forgiven. Most likely, new shares will be issued, which is on the shareholders since it doesn't cost the company anything.
The previous company was SEC reporting until Frank deregistered. Yes, they were delinquent in filing but being at the QB level of non reporting is nothing to be happy about.
I disagree that a pink CEO being accessible is automatically a good thing. Each case is unique. With Frank, it hasn't been a good thing so far. And as far as being transparent, Frank obviously agrees since his most recent self-written bio makes absolutely no mention of his past involvement with Golden Dragon, China Food Services or California Grapes.
It's a good thing Frank isn't required to provide references.
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
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