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Re: learningasitgoes post# 23475

Monday, 08/24/2009 3:36:50 PM

Monday, August 24, 2009 3:36:50 PM

Post# of 41474
Read their latest unaudited financials.....under cash and equivalents. Accounts reveivable also mean nothing, unless they actually reveive real money, not IOU's. Note that HRNF already made prommissory notes to past prize woinners, yet failed to pay them in a timely manner. I'm not sure they have ever paid much on those monies Pagnano promised the Florida attorney general office he would pay.

Pagnano also prom9ised he would NOT advertise any events unless money for prizes was in escrow. Pagnano failed to do this for the $1 million for the MDSO.

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