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Wednesday, November 11, 2015 10:17:35 AM
Initially, unknown individuals and companies began making demands for payment and when researched the BOD was told the Company absolutely did not owe any of this money. The BOD became increasingly concerned when these demands were further accompanied by documentation. Still, the denials held firm. Each of these demands contained information that was not disclosed to any of the current board members, when they were asked to serve. Management and the Board believe the information discovered is valid and should be disclosed as soon as practical. There can be no prediction on what decisions or demands creditors may make going forward, or what the ultimate effect to and disposition of the Company may be. The Company will continue to explore options to address these concerns and will endeavor to keep stakeholders advised. As a reminder, these findings are currently material, non-public information, as such there will be no information given over the phone, email, text, or any forms of social media/messaging, such as Facebook, Twitter, etc. The Company understands shareholders must have many unanswered questions. Nevertheless, due to the sensitive nature of the findings, shareholders will have to be patient until the information is released publically
http://investorshub.advfn.com/ALERTS-CHARTS-&-HOT-STOCKS-15004/
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