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Re: XenaLives post# 31603

Thursday, 03/24/2011 8:46:56 AM

Thursday, March 24, 2011 8:46:56 AM

Post# of 35802
Paula, not to beat a dead horse here but I don't agree with managements statement that the Balallan judgement is the responsibility of Bill Carraway. They may have an agreement with Carraway but ultimately the liability is the companies responsibility. In simple terms you may compare this judgement to a mortgage on a home. It has been my experience that any agreement with Bill Carraway is not worth the paper it is written on and he has no assets to go after. Ultimately in my opinion Margiotti will be left with the tab.
The company has got some explaining to do is indeed an understatement when it comes to share count as well as their financials??? Lets hope Peter is doing the right thing and not just blowing smoke.
Have a good day all.