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Re: prsch3259 post# 106265

Friday, 12/31/2010 7:29:17 PM

Friday, December 31, 2010 7:29:17 PM

Post# of 111729
I didn't say that Pawson wasn't behind it but when Dennis became the willing pawn...it was a matter of making as much out of a bad situation as he (meaning Pawson & Co) could.

The business was never going to happen with Dennis running the show (even he said that) , but the "controlling investors" were interested in their skin in the game at any costs
This is the risk in Pennyland...they simply played hard ball...I said the game was up in May when I was thinking I was "working" with Dennis...but he turned out to be an empty suit and he simply manipulated the shares to their advantage..from then on ...had Dennis taken us up on our financing and build out program in Palm Springs, he would have had all the capital and support he needed...he was too much of a control freak and he undid himself and the wolves were at the door...yum yum...and , of course the shareholders got bit! But since Pawson and Co were really in control Dennis was out of their league and over his head..He was on the phone yucking it up with pawson all the time I was there visiting the company. ..shuck en and divin' is all he could and did do! until he ran out of steam, credibility and lost his family, friends supporters and his shirt.
But then again that's all we ever seen him wear anyway. So much for backyard science! and a impostor!
My advice is if one does his DD about a company and realizes he got a Investor with seed money...be rest assured thay are going to look out for their interest before shareholders and common stock share holders take second or third place behind preferred and debenture holders!
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Gopher looking out for shareholders.