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Wednesday, March 16, 2011 12:49:47 PM
My understanding is that with interest the amount is presently $1.8M owed Balallan. I don't think you can appeal a judgement. But that doesn't mean the company can't negotiate a better settlement. Margiotti appears to be a very sharp guy, I wouldn't be surprised if he was in talks with Balallan as we speak.
As far as my agreement with them, it was verbal and is only over a few shares of stock that I feel I am owed. Nothing earth shattering. I will wait and see how Balallan makes out first.
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