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Monday, July 20, 2009 11:34:08 AM
Government contracts in SA?
New partner deals?
GC2000 sales?
Gee he will be depressed knowing the bankers want the $700,000 and he will lose his equipment as they have a lien on it most likely.
The financials would have been required when he took this loan out but he did not want to submit them to the public. I can only wonder if he fabricated them to secure the loan even though it was secured with a UCC statement. Banks make loans based on financial statements and he knows this being a CEO.
All the press clippings will not get him one dime unless it is selling stock to the public. However, the game is up and he will lose his business as Wow is not paying and he has a lawsuit for not paying for the original Cusco shell. After finding out about Jared's tall tales I wonder if he is telling the truth about paying them off.
I know he did not pay the pen manufacturer so he does have a track record of not paying for services.
How many sales people have come and gone?
Gene, Owen, and Bill so far as I know of and how long will Jeff stay? He was not on the last video.
The last video sure did not show a lot of employees working. Maybe they are gone.
No production at the rented farm, no production at the plant, no evidence of sales besides stock sales but plenty of the old razzle dazzle. For a corporation with millions in sales it sure smells like a ghost operation.
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