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Re: None

Saturday, 09/27/2008 12:51:19 PM

Saturday, September 27, 2008 12:51:19 PM

Post# of 29782
The question has been asked who owns the equipment at the Bio Plant. It is an asset of the company, and the company CEO controls the majority of shares so the company can liquidate the assets as long as the money goes back into the company coffers. If it is sold and the money is not accounted for the possibility of fraud and other criminal charges could arise. Those charges would extend to everyone who played a part in the illegal removal of assets. Such as the CEO, The VP and even a radio DJ that has publicly admitted he conducted the transaction. Now comes the question, if there were leans on this property and concealing the assets would also bring the possibility of illegal activity. Kind of like the OJ trial going on.
Now lets say the Beebers and this Radio DJ sold the assets to another party to run the plant where it is, Well I would hope that the buyer beware that the City would most likely have a say in that as well, The question is simple on that, Is the contract transferable by PRGL to another party? I would hope the City was smart and made sure that was covered.

You can rest assured of one thing though, there are eyes watching this recent transaction that would know if it was a legit operation.

Youse get my drift? All in my not so humble opinion!
I collect indians! My Boyfriend is a Seminole Indian! And he approves this message!

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