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Monday, January 03, 2011 5:22:58 PM
1) he said no more financing. Then he does the 2nd PIPE? The stock tanks HUGE and the investors are stuck.
2) $10Million media credits. OH WAIT, it was an accounting "error". Many claim it's no big deal. But come on, the $10M media credits were to bolster the financials while in the process of closing financing. $10M is not a trivial rounding error of a number ! Then after the financing closed, they "corrected" the lie, i mean ACCOUNTING ERROR! Coincidence?!
So based on these points alone, can I use the term LIAR?!
Other "experts" in here can come up with more...
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