You owe us shareholders money Mr. William R. Carter Jr.
Could this finally be the month? After ~3.5 years of locked-up money & waiting.
And all those promises and being sucked-in.
In my mind, Carter has few, if any, viable outs without SH'rs approval.
As we know, "Ultra Vires Acts" occurred and there is no defense.
We can muck-up this entire deal for him if he doesn't come to reality & FAST.
His lawyers know it, Carter knows it (now) and we all know it.
Plus, the more he delays, the more expenses he'll incur.
The funny thing is... Carter will still owe the 5M dollars plus interest no matter what happens.
And trying to cover-up the mess Carter created HIMSELF is typically much worse than admission.
But as the legal saying goes, "Ignorance of the law is not an excuse".
The legal principle of "ignorantia juris non excusat" (ignorance of the law excuses not) or "ignorantia legis neminem excusat" (ignorance of law excuses no one) is derived from Roman law. Essentially, it means that if someone breaks the law, he or she is still liable even if they had no knowledge of the law being broken.
Monday should be a HUGE day for SH'rs regarding our next step.
P.S. Great set of hair with chemo treatments.
Also, so happy for you, your wife, your family and Dutch doing so well.
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