InvestorsHub Logo
Followers 743
Posts 62186
Boards Moderated 11
Alias Born 10/05/2009

Re: martin33 post# 54348

Sunday, 07/15/2018 4:03:51 PM

Sunday, July 15, 2018 4:03:51 PM

Post# of 85366
It is not imho the fault of IFUS, the IFUS CEO or IFUS shareholders, or IFUS customers, that the ex-director(s) now have what we are told, is a worthless default judgement. It is not, imho, the fault of the IFUS CEO or IFUS shareholders that the ex-directors (of IFUS/Supreme Energy subsidiary) seem to have made some bad decisions the last 5 years?

https://cdn.discordapp.com/attachments/451937127635353601/458843444828307467/2016Feb20-Ifus-CounterSuitStateCourt.pdf

Will they make some better decisions now, and in the future? That is the question?

I am just curious what the apparent rush was to file a loan default claim days after the first loan payment was due in 2013?

Why would anyone file a loan default claim for a loan they made to a company they were a director of, and then while they were still a director file a loan default claim days after the first payment was late, while they were still a director of said company, presumably calling the entire note for about $225,000 dollars due and payable immediately?

The first loan payment was due June 15th, 2013 and the ex-director(s) had already filed a loan default claim in state Court on June 21, 2013, 5 working days later. It is also note worthy that IFUS/Supreme Energy was promised a loan of $250,000 which IFUS/Supreme Energy had budgeted for, presumably, in prior months (see the IFUS counter suit dates), and by the first due had expected to have already received the last $25,000 of the promised loan, which was never received by IFUS/Supreme Energy according to court records. Thus in effect creating the loan default while still being a director of IFUS/Supreme Energy?

All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.