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Re: maverick one post# 25213

Friday, 09/11/2009 9:15:56 AM

Friday, September 11, 2009 9:15:56 AM

Post# of 154391
maverick, LJ invested $150,000 cash in the company and was COO. He has now walked away. The current management used the money to pay themselves paychecks. We had a great CEO but he lasted less than 6 months. Once he found out that he was working with crooks he walked. Before he left he had a national distribution deal setup with GOYA. GL and CR blew the deal and it all fell through. Jim Brown left a long time ago, couple of years maybe. GL and CR did something with a VP of a bank and got a loan against shares and bought themselves new SUV's. The first batch of can were bought from the cheapest manufacture GL could find and the exploded. There was/is a toxic financing deal in place were the company issues shares to the financier at a 5% - 20% discount to the sell price. The financier sold/sells every share they can. Just look a the NV corporate site to see all the crazyness going on with the AS. There is a ton more but I don't want to waste the time on it.
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