Eye--you are right. That is worded incorrectly so let me explain. People, like Dennis Back, Devon Durant, and others lent money based on false information provided to them by Dotson. According to these individuals, he has been telling people for a year and a half that production, and LTF was only two weeks away. Granted production has now happened; however, Dotson knew a year ago, and six months ago, that it was not two weeks away. To me such promises are more than being optimistic. To me it shows the kind of man Dotson is.
Furthermore, Dotson took on debt, and terms that he knew full well he could not meet. For example, did you know the term of the note for the first was only 90 days? In my opinion Dotson accepted these terms, desperate for money, with the intention of stringing these poor folks out. Meanwhile, Dotson's cronies like Jim Horton, and Eric Barlow were out raising nearly 70 million dollars from mom and pap type investors promising them a quick return. Dotson has now separated himself from Horton (who claimed to be a VP for CPRK).
I hope that clarifies my position. Again, I understand why Dotson employed the shady tactics, but I don't have to like it. There is no justification for dishonesty. Lets not forget, Dotson built this mine on the backs of the poor folks he borrowed money from, and contractors he has not paid. I want CPRK to be successful for them, and for the shareholders. They are the ones that deserve it. All IMO. Have a good one eye.
