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Alias Born | 12/07/2006 |
Saturday, September 15, 2007 2:29:51 PM
No need to speculate here on some points:
Here are some facts surrounding the situation at hand:
Zachs/Appointed "responsible" party of Zachs did not properly care for the shell, the Delaware State filings prove this out. (See supporting evidence below)
Yes, a middleman was involved in the shell brokering, it turned out that this shell was not properly administered either before or after Zachs ownership.
This is why DR/Minxx left it, to do anything else would have been irresponsible.
Sure, Zachs is annoyed, but it's his own fault ultimatley as it is clear that he or someone he assigned to the task of keeping up the filings did not follow through.
As far as the Minxx club folks, they bought what they believed was a perfectly good shell, turned out not to be the case. Not Minxx's fault. They did the proper thing, withdrew and found another shell.
I will be speaking with Zachs next week, I am the next largest shareholder besides him and the Zachs family trust et al. I didn't speak with him much the other day out of respect for Rosh Hashana.
No, I am not a mindreader lol, but I have been told there are some communicative powers that do appear on occasion.
Here is a screenshot copy that my counsel retrieved from Delaware records that concerns the filing ongoing (and incomplete) status of ZIPL, this document clearly reveals there was no appropriate and timely activity during Zachs supposed tenure, this precarious situation is what left the company vulnerable to takeover by the shell brokers ultimately.
This link shows and proves beyond doubt that there was no activity by Zachs et al from 2001 until 2007.
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