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Re: king oil post# 47540

Sunday, 10/31/2021 8:13:40 AM

Sunday, October 31, 2021 8:13:40 AM

Post# of 50121

"Neither of those two scenarios are accurate.

Telogis purchased the assets from creditors who sold them when RMTD defaulted on the loans. End of story."

In that case, if additional shares were added to the O/S after the financial collapse of Remote Dynamics, Inc., then current shareholders may have a valid case for a class-action lawsuit for securities fraud against the individuals responsible.

That would be for a lawyer to determine, not you or I. I have already in the previous post suggested that current shareholders should have that discussion with an appropriate securities attorney.