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Re: grandslam68 post# 2612

Thursday, 04/07/2022 4:47:39 PM

Thursday, April 07, 2022 4:47:39 PM

Post# of 2885
Class action suits require certification of the class. It's complicated but a possibility. But you are correct that it isn't hard to find attorneys willing to take such cases on contingency.

I'm still hoping it is unnecessary. I know we are all frustrated, and I do not trust the motivations of the new officers as far as I can spit on them. But there are good reasons to believe that they are going to issue a report soon. The first is that Jim Musick told me they would. The second is that they have been paying auditors for a while -- it is very possible that they wanted two full years of audited books under their belts before moving forward again (it's possible that doing the books for prior years proved either too difficult or too incriminating). The third is that they haven't wiped their old reports from the web site. I mean, if I were them and I were planning to discontinue reporting, the last thing I'd want is old reports sitting there that suggest they are either liars or incompetents. All in all, they aren't doing the things that I would expect them to be doing if they were indeed up to something nefarious. Does that mean they're not? No.

The other issue here is that their two primary officers happen to be the two guys running their two key subsidiaries (Infinivive and Fitore). I have no idea what the dynamic is there, but it's very possible (likely in the case of Zamora, who also has a medical practice), that they just aren't paying much attention to the mother ship. And if that's the case, I do hope Evans appreciates that and removes them. But, again, all conjecture.
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