Also Levin wrote himself a 5+ Million Dollar 70% Convertible note on SPCL Shareholders to Recoup the Money he lost in Pixelmags Liquidation... He needed shareholders so he had SPCL buy Pixelmags...
The Problem: FAILURE by a CEO in PENNYLAND, is not only an Acceptable Practice, it REWARDS a CEO... It's much EASIER for CEO to make money selling Company shares, than Build a Company.