Fortran Corp. (FRTN)

[MaddAussi]

That was financing I arranged. TCA was doing so many rock is loans at the time but they offered us money we could use to acquire a company we wanted to buy. My attorney Jared Faberillo assisted me with the that loan in that there was no “equity conversion” in the loans documents. That’s normally how they would kill a company just keep converting common and selling and selling until nothin was left. They were in such a hurry on mine they failed to notice we crossed that part out and initialed it. When they tried to get me to issue stock - I simply pointed to the agreement and asked what their payoff was. One of the main reasons for the lawsuit was they wouldn’t tell us what the payoff was so they tried to bankrupt us and short our stock. I left shortly after but the lawsuit was eventually settled and TCA imploded and some got charged by the SEC. Not a good company and thank goodness some of the employees whistle blowed the crooked managers