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Re: LutherTiggs post# 27310

Sunday, 07/10/2016 5:57:50 PM

Sunday, July 10, 2016 5:57:50 PM

Post# of 30990
Company Management is at the very least criminally negligent and at the worst they are part of the shareholder defrauding scheme they entered into thru Maxim.

Company has only raised 4.8 million since July, 2015... only 4.3 million net (15.1 million they put company on line for less 10.8 still not released from control accounts, while paying interest on the whole 15.1 million)from from bad, corrupt and toxic shareholder and stock price killing, but management and note holder enriching deal... and half a million from 35 cent per share offering at end of 1st quarter.. at 35 cents per share...

Company could have sold stock under an at the market plan without going into debt and done much, much better.. both raising at least the ten million needed.. and done so without killing the stock price any where near what they have accomplished with the deal they sank us all with thru Maxim.

It is wrong.. it cannot be mere incompetence... The buck needs to stop with Mullan, but we could not fire him and anyone else there right now due to the deal they have with convertible note holders.. Management gets to vote the bulk of all the shares printed since July at the shareholder meeting.
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