Public companies - the CEO is not liable for paying back shareholders of any public company. My family was an investor in Tier and we also did not receive any $, but this is the risk one takes when they invest in a penny stock, which is what you will all find happened with all investments. The CEO was called in to testify with he securities fraud info that was set up by a discgruntled investor that also rented a room to board in the CEO's mother in laws home.....he contacted the CEO on his own to invest and must not have understood penny stock investments, but the CEO gave him all the paper work and asked him to do his due diligence before investing, which he did and still chose to invest. The CEO had all the paperwork from all investors and all the information the SEC needed to look at the disgruntled persons info....The CEO was NOT charged with any fraud or any wrong doing as everything he did was completely legal and by the book. There are naysayers for every company, stock and information, but before you just talk trash, you should have and know ALL the details. The young man that lived in the CEO's mothers home was pissed he did to get his security deposit back because on his signed rental contract is clearly stated that he must submit in writing 30 days prior to moving out that that is what he is planning - he did not and left the 84 yr women high and dry with out a room rented for a few months without knowing he was moving out. This was her source of income to live on and he took advantage of her and the family hospitality while his own mother was stealing from him and he took her to court as well. The statements from this man especially relating to The Tires Corp have absolutely NO merit as the CEO went to the SEC with all paperwork proving his honest business practices with everything having to do with the business and himself personally.
