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Friday, March 11, 2016 10:37:48 AM
A couple more questions that shareholders deserve an answer to:
1. Isn't Mr. Spader the largest creditor? How did this come about?
2. And, how did Mr. Spader get so many shares in his name?
3. Was there sufficient consideration or capital injected by Mr. Spader to back up those shares?
4. Is it possible that while Mr. Spader was in control he got shares and a debt claim on top of the shares?
5. Wasn't Mr. Spader sued for fraud by one of the founders of this company?
Shareholders deserve to know what is going on. In the end, I could care less who is running VRTY at this point so long as they are tending to keeping the revenue producing businesses going and growing, and that they get the SEC filings brought current. There is still value here, IMO, but the manner in which shareholders have been treated here since August 8, 2014 is a disgrace. Whoever is now on the Board or in executive roles all have a fiduciary obligation to the shareholders which is not, IMO, being met.
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