Well this was a coule of years ago and there isn't much else to go by but Scott is owed more than enough to seize the property if he wanted to.
Included in accounts payable and accrued liabilities is $569,604; (December 31, 2014 – $520,326) due to the former President of the Company and a Company controlled by the former President who is a continuing director of the Company.
a) Nemegosenda Property, Chewett and Collins Township, Northern Ontario $ 554,098
And there is no way they can talk the courts into saying that money owed to him in 2014 is not owed now because he doesn't deserve it.
They would require a burden of proof that anything that happened was due to Scott not being a CEO. Since there are no filings they cant even show anything was or wasn't done and everything Dan has done was under the direction of the CEO. Even if Dan went against Scotts wishes anything he accomplished is Scotts CEO accomplishment.
They have no grounds to deny Scott back pay unless they can produce something capable of putting Scott in jail. And there is no way that Scott would allow proof of criminal activities to be available. He has covered himself in an armor of forward looking statements.
For the record I doubt this is the plan. But if Dan tried to out scott via a vote it would become the plan. Scott should eventually quietly step down as soon as they find a conman willing to take the spot with no past SEC record. Scott will walk away with millions of shares and back pay and he will sell his shares when the new CEO begins his pump.
Typical stinky pink playbook stuff.
My WAG is this will happen when the PPS is down near .0005 and dropping
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