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Re: rosebud05 post# 71897

Monday, 11/01/2010 11:45:31 AM

Monday, November 01, 2010 11:45:31 AM

Post# of 72323
Because Gib had the most to lose in this venture including 5 years of his life and a mortgage on his house. With Bain/Belanger/Claudio poking at the CRAM, he's left with nothing because his presence is basically no longer required as an engineer. Furthermore, he's very vulnerable because the BOD has no responsibility insurance according to my sources and the members might end up accountable for a nice chunk of debt. If we lost the CRAM 10 days ago to the Bain group, then I couldn't care less about who Gib screwed but remember that he always teamed up with Guy Paul Gauthier in the past, who is now working directly with Gordon Bain and the Trustee. No matter how you look at it, Gib is always in the center of things.

I agree with your last portion in that, when the BOD drops the ball, we must takeover but the first responsibility used to belong to the BOD; that's their only purpose. The Bain group are undebtedly rats but that doesn't take away the fact that Gib is a little rat too and probably works with them. If we can't get Chapter 11 protection, then we'll have to shift to lawsuits against Bain/Belanger/others although we would never regain the CRAM and patent.

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