Hitimer- Please explain to me why they'd need to have someone officially on the BOD BEFORE making a committment. How's it going to look if the bank decides to NOT give the money. Also, can a bank not do DD unless someone is on the BOD? That's perposterous!!
I can see the announcement now...
Jack decides to quit BOD after only two weeks. However, we now have Jill from a different bank. Hopefully she'll decide to fund this scam...er...a...venture.
Rob...Jack is nothing more than a rent-a-name my friend. The most he'll do for us is help sell more shares to folks with International Business Corporations (aka offfshore accounts) that do not fall under the rule of the SEC...or more particularly...rule 144.
Here's some food for thought...
I'd be willing to bet that good ol' Brad and Ray have themselves one o' them fancy dancy offshore corpeerayshuns.