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Sunday, March 28, 2021 9:39:03 PM
Legal action as in lawsuits, court proceedings, are not secret or private, this ain't no grand jury we're talking about here. So, if there was some legal action taken, I'm sure we'd hear about it. Besides, if Tom is an upstanding guy and wants to build shareholder value, then he also would definitely advise the shareholders what course of action he has taken to recover the 'missing' bitcoin. Instead, he half-heartedly suggests that maybe the SEC can help recover the 'missing' bitcoin in his website update.
It is also possible the SEC can help Coin Citadel in its efforts to finally force old CEO to give proof of original Bitcoin purchases, or stock for Bitcoin deals. If any evidence exists Coin Citadel could employ a firm like Cipher Trace to track down any existing Bitcoin wallet addresses, even if only some Bitcoin of the original deals still exist, if private keys if still held, or are forever irretrievable, or otherwise lost or stolen. Yet to be proven either way.
https://coincitadel.net/ce-%26-bitcoin-holdings
Sorry, but this lame petition to the SEC to help him recover the bitcoin is the extent of his actions?? Just wow. How sad and pathetic, really.
This is $32 million shareholder value missing. It was reported by Bill Schaefer in the fins since 2014 that he purchased 513 bitcoin. Later reported up to 576 bitcoin by BS. So the company is legally responsible to the shareholders TO PRODUCE THAT BITCOIN. Pillsworth can't just pretend it doesn't exist anymore.
If Tom Pillsworth has nothing to do with the missing bitcoin, if he is not in the scam along with Schaefer, he would have initiated a lawsuit long ago to recover the bitcoin.
I think that much is the least shareholders can expect.
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