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Posts | 3069 |
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Alias Born | 08/24/2000 |
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Friday, September 07, 2001 10:12:33 AM
Dan, try RB, it's much better... It's rightfully very difficult to support McBride these days, as he's clearly become such a Liability for SEVU and non-insider investors... After all, we also owe him the Class Action Suit and the current financial position of the company...
The correct description, accepted by McBride is 6 Years Probation for Felony Fraud... That it should have been a Civil case is BS, because the Police Officer's Affidavit clearly shows that McBride LIED to and DEFRAUDED his client... In fact, I believe he narrowly escaped JAIL, only because it was the first time he had been caught in the act...
http://www.investorshub.com/boards/read_msg.asp?message_id=168948
Your Affiant conducted a Scheme to Defraud investigation that occured between December 1, 1996 and May 1, 1997
Your Affiant confirmed that the T.V. stations listed in the "broadcast orders" never received the video of Vector's product and in turn never received orders for Vector's products. Vector's product was never sold on the 30 television stations contrary to Direct Media's "broadcast orders" and "product sales reports" as provided to Vector. The television stations listed in the "broadcast orders" never heard of Vector's product nor have they seen the video of Vector's product.
The contract between Direct Media and Vector took place in Treasure Island, Pinellas County Florida.
http://www.investorshub.com/boards/read_msg.asp?message_id=168882
He had no better explanation to give, hence the no contest to the charges Plea... Still, the point is that McBride Modus Operandi STINKS and, coupled with his persistent violations of SEC Filing Rules (13D, Form 3 and 4, Rule 17(b)) and his proven Compulsive LYING, represents, in my view an accurate Reflection of the way he does Business...
In a Nutshell, the man shouldn't be Trusted under any circumstances and in my opinion, he's completely UNFIT to have a controlling Interest or say in SEVU...
Just my Personal Opinion...
F. Goelo + + +
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