POST FOUR OF NINE:
“The so-called claim against me that I’m looting the company. Nonsense. How can you loot a company when there’s no money to loot?” Once again Greg, why was there no money in the company coffers to loot? It was your business, and you are responsible for ensuring there is money in the account. Not Harvey. I suggest you look in the mirror and you will find the answer to that question. Who was responsible for earning money for the last 14 years? You were! Why did the judge make that statement in the Final Order? Because Halpern looted his angel investor, who was one of the largest shareholders in the company. Halpern looted every shareholder in the company by taking Vechery’s money to keep living in his lavish lifestyle, instead of paying the engineers so they could improve the technology. Halpern looted every shareholder by not decreasing his undeserved salary. Halpern has claimed that the SEC requires the company to have an employee? Well, where does it stated the employee needs to have an annual salary of $288k plus benefits?
Halpern looted the shareholders by accruing his salary with high interest rates for yourself. Halpern looted the shareholders with his unscrupulous high interest loans back to the company. Halpern looted every shareholder by not having a board of directors for oversight purposes. And now Halpern is attempting to loot the shareholders again by claiming rights to the MAXD Audio Biometric patent, without the authority to do so.
Yes, Greg Halpern has been looting the company all along, whether there was cash in the company account or not.
“I’m accruing salary that I won’t get paid unless it’s built into something by you now Scott, and you now Harvey.” Why did Halpern deserve to accrue a salary in the first place? What was Halpern doing to even earn a salary over the last few years? Why was the level kept at $288k when there was no production whatsoever? Where was the board oversight for this annual salary, or for that matter, for the accrual process on the preferred shares?
The accrued salary, loans to the company from Harvey Vechery’s loans to Halpern, and accrued interest on the false valuation of the preferred shares. All of this was nothing more than loading up a vehicle for Halpern’s financial exit from the company. He proved that when he announced last week he had “granted” himself the MAXD Audio Biometric patent in return for his falsely valued debt he claims is owed by the company.
By the way Greg, what happened to the seven figures that Harvey loaned you personally, for MAXD, because he couldn’t loan it to the company due to the Google lien on the bank accounts? What about the $500k to Formula Four? Did that pave the way to a home in Colorado? What happened to the $250k from Vechery meant for the engineers? Where did that go? John Blaisure didn’t sign the SEC docs, and was terminated for his refusal, because he knew you would use those falsely accrued dollars to run off with the company assets sometime in the future. Isn’t that what you are now attempting to do with Biometric? Isn’t that all considered to be looting the shareholders for your own personal benefit? Speaking of former CEO Blaisure, isn’t it interesting that this additional explosion of lunacy happened after he was terminated and there was no longer any oversite or differing opinions to counter your claims? The Mexican Land Deal, the Hende Moto Beluga Whale car, the mineral mapping and gold mining operations, the Japan plush bunny business, all happened after you terminated Blaisure. Oversight was needed to prevent further looting.
