Let's deal with my post. I stated that we were misled by Serge announcing that the filings were to be made public and that full transparent knowledge of SVMI would be available to the public. My post clearly stated my disappointment, since Serge reversed himself and has now decided to pursue legal measures to resolve the matter due to his constant failing to resolve the issue by negotiating a settlement. There have been countless scenarios of SVMI negotiating to the point of an acceptable agreement and then SVMI renigged on the deals and never followed through. Since you are in touch with SM, I know you know this to be true. Unable to negotiate and settle, they have now decided to take on YA and get the issue resolved through threats of litagation which will merely put the matter up to arbitration before it will be heard. I believe Serge believes he will get a better deal this way since he does not have the money nor investors to put it up, meanwhile stalling the inevitable by trying to discourage YA that there is no value and hoping YA will take a hit on their money and get what they can. I am coming to believe that Serge is in for a rude awakening from disgruntled shareholders which could probably languish in the courts for months if not years. I also believe Serge has oversold his position in 144's and needs the YA shares freed up to balance his books. He has stonewalled issuing those shares and removing restrictions (Again, something I also believe you know to be true). In other words, we aren't getting the "Stop" off and shares won't be issued and restrictions will remain in place and the whole thing is a mess. This is sad news and I am NOT supportive and any side. This is how I see the issue. It seems that your posting and reposting public info doesn't deal with the heart of the matter and only supports Serge, your friend. There is another side to this issue as well. Put yourself in the shoes of the investors at YA and Cornell. How would you like to have laid out your money to this company and then be told because their CEO/Chairman was a crook you lose your investment? Where should they stand on this issue. Strictly business not personal.
AI
