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Re: winters1983 post# 42432

Saturday, 09/24/2016 7:26:19 AM

Saturday, September 24, 2016 7:26:19 AM

Post# of 47873
Thanks for posting that info. I thought it was 2009 but actually late 2008. McGann did not come on this scene until much later (2012). The only "legal action" Bolduc involved in was Miller v. Bolduc, et al. (Commonwealth of Massachusetts Superior Court) (C.A. No. 15-0807-BLS) which was dismissed with prejudice. The et al being other IMSC execs and IMSC. For some reason it keeps getting turned around that Bolduc sued IMSC. What the motive is for changing that to sound like Bolduc sued IMSC I do not know, but the same poster kept insisting insiders were dumping shares when proof was given that was not true, which seemed to be an effort to make the company look bad that the execs were dumping any shares they owned. Same as making it sound like a former CEO took legal action against the company when in fact he did not. And PP was brought in when the company was nearly bankrupt. It can be argued that in more recent times the company should have done more to get free of PP. But changing the narrative to when PP was brought in seems to make it sound like they were brought in just a few years ago, although either way there's no argument they are currently very bad for the company. But without them in late 2008 the company would have gone bankrupt at that time.

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