Cardinal Resources Inc fka CDNL

[joepep7]

KJ ET.AL. borrowed $250,000 from FAB as a loan. to be paid back with interest by a date certain. CDNL defaulted on the loan, so it went to court. Now the amount increased to $280,000 for interest unpaid and legal fees. The case was dismissed when a settlement was reached. However CDNL did not meet any of the deadlines for repayment, so back to court it went. Rather than make good on the loan, CDNL seemed to rather pay lawyers to get out of it. And this is where things stand now. While I too am an investor, it troubles me that they chose to avoid paying a legitimate debt. I simply wished to share this with the rest of you. It goes to the character and honesty of the people we are investing our hard earned money in. That's all.