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Re: runncoach post# 50249

Friday, 04/23/2010 8:55:14 PM

Friday, April 23, 2010 8:55:14 PM

Post# of 56275
Isn't it amazing that the 80% owner of these LLCs failed to disclose this very salient fact in their own annual report that came out 8 days after the notice of default was received?

I also must have missed the PR whereby it was announced that EVLN would acquire 20% of these LLCs. I wonder what EVFN received as compensation for the 20%. Probably another opaque stock transfer.

Reading further, it appears that the big pillage and plunder of EVLN has begun with a mere $3m in compensation expense for one (!!!) quarter's worth of work. We have seen this movie played out before, yet all it proves is that the great P.T. Barnum was right.