mmayr- You know that Penny King Holdings, Free and Clear Foundations of America and Gabor S. Acs are for all intents and purposes the same. Acs has admitted as such in his own pleadings before the court. Therefore, if PKHI/FCFA/GSA is the holder of a majority of TLXX shares the SEC case against him is important background in terms of the character of the ownership of the corporation.
I have no 'bones to pick' with g!, rather it seems to be the other way 'round lately. I think he's hilarious, but I don't believe a word that he writes. Can you point out anything that has actually been accomplished in all the years of grandiose schemes outlined in outrageous press releases?
As for TLXX, it's a dead company, killed off by the greed of its management and toxic financing. If FCFA/GSA would make the mechanics of its acquisition of control public with proper SEC filings, I might have some respect for what is going on; but all I have seen since last summer is a series of typically tantalizingly almost credible yet irrelevant press releases about new board members that fueled a brief pumpadump. As long as it's non-reporting pink-sheet trash, it will be treated as such.
So what exactly is your affiliation with Acs, anyway?
