Nice find amarkii. You pumpers are constantly asking why I hold animosity towards the company. Why I think they should all go to jail. The document is blatant and proves the clandestine deals everyone involved went through.
R Schwartz got shares for $.08 and then sold them for cash at a price below market. In this case he sold 2.3 million shares for $.31 cents when the stock was at $.48. This ultimately brought the stock down to $.21. This lawsuit clearly shows how he "disposed" of 2.3 million shares. It's quite ironic how this Spillan guy swindled the swindler, and because so, there is now public evidence in detail of the scam. It also shows why no 5% ownership filing has ever been made. My guess is that R Schwarz dumped all his shares for millions of dollars in deals just like this. Who knows, maybe to Spillan in the past, maybe to many many others. What I do know is that these guys are crooks just like people have been saying all along.
This is hard fact proof, of how the shareholders got destroyed and yet Fingers comes on here (with a few others) saying we should forget about the past and look towards the future. This lawsuit isn't even settled yet!
This is preposterous and every last one of you should be outraged, unless of course you profited from the scam. In that case you'd probably want to tell people to move past it.
Hell yea Herda is responsible. Either he is the dumbest person ever to bear the CEO title and got duped by Elgindy, Schwarz, AND Romano on 3 separate occasions, or he is clearly in on everything. Even when the company ceases PRs, the paper trail gets deeper.
