We can use that money,
Any money back could be used to buy back shares or even a cash dividend. Things are looking alot better IMO.
Thanks Jeff for all your hard work.
Quote:
Update to Shareholders 12/28/2010
Posted by jeffdigenova at 2:08 pm, December 28th 2010.
Legal counsel has been retained ($10,000) to handle all past issues dealing with the sale of stock and handling of monies. A legal defense fund is being investigated and I will update shareholders once all details have been discussed. When I have clearance from legal, I look forward to disclosing every detail past thru the present.
I have been in contact with the Clayton Group and Mr. Newby regarding restitution. Both have agreed to work with the company in resolving these issues. Our legal team will also be involved in this matter.
I will be in Jacksonville on Thursday for meetings and then will be out of town on business thru the 4th. I promise no miracles here but I assure everyone that the steps being taken are to build shareholder value going forward.
I hope all had a great Christmas and that the New Year brings health and prosperity.
Best wishes,
Jeff DiGenova
CEO & President
