SPWP---This is what Mario has to deal with:
By: jflsu
31 Jan 2005, 11:31 AM EST
Msg. 1767 of 1781
(This msg. is a reply to 1749 by Creulein.)
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Truth about Walter Davis
In 1997 I sold my home care company to CCGI for a stock for stock transaction. I then went to work for CCGI as their Medical Business Developer. It was not long before I realized what CCGi was up to and I resigned. Due to the BBA of 1997 the home care industry was in trouble. COngress was squezzing small owners like myself out of business. At the time home care owners in the Medicare program could not make a profit. But the general public did not know that. For example, my company did about $3 million a year. Congress determined my salary and that $3 million covered everything form salaries, daily operation, supplies and so on. CCGI began acquiring home care agencies with the stock for stock sell. Their intention was to go fishing in the stock market. Acquiring 50 plus home care companies doing an averaged of let us say $1 million per year indicates that CCGI is a $50 million company. Their plan was to go to the stock market and sell their scam. The board of directors and the CEO, Walter Davis, loaded themseves with stock hoping someone bigger than them would buy the company. They would sell their stock to the new company and cash in.
The problem in the plan was Walter Davis acquired the home care companies, took the receivables, bankrupt the agencies and left the former owner with all debt. Everyone filed lawsuites, including me. Everyone won judgement against CCGI.
I went to the FBI, Attorney General and anyone else who would listen to my story but no one did anything!!!!!!!!!!! Why? Because CCGI was a minority company and Bill Dickerson a former CEO has ties to Jessie Jackson!!!!!!!!!!!!!
Walter and CCGI continue to scam people after people. Anyone they could. They changed the name to Sumitt National and then they found Mario.
Mario and I spent a lot of time together. He is a honest and decent man. Walter screwed him like hundred of others. Everyone that walter _uck has backed Mario to help him put Walter in his place. Walter is no dummy but neither is a firey frenchman name Mario. I can go on and on because of all I know of Walter Davis. He is evil, no good SOB. He cares only for himself and his blow buddies. Walter is in deep _hit. But he is a black man and people are scare of the racial card. But Mario is not.
So, all of you stupid people who are bashing Mario must be part of the Walter machine. I lie a hundred others are still backing Mario.
