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Re: Ed-seeking info post# 7934

Friday, 04/08/2011 2:17:06 PM

Friday, April 08, 2011 2:17:06 PM

Post# of 9838
"they had notes payable of $55,990,546 and stock deficit of $ 57,698,316 in other words
they spent almost 100 million dollars (as I see it) on the
development of the camera and software, that, to me is virtually
impossible;

the money had to be diverted elsewhere,"

Just an Ohio neighborhood perspective--nobody in the neighborhood knows of Antonio having any other source of inccome, and he has in the past posted that he did not take his $250,000 salary. His son has, however, lived in New York City for the last four years "working" for WLSi to market the product. The apartment in the city and his car are most likely some of the expenses under the $100,000,000 category. At least two college educations and one country club wedding may also have been paid through WLSI. Beyond the house payment and four cars in the family, cruises, frequent family trips to California, Chicago, New York, and other vacations most likely were filed somewhere under WLSI expenses. Basically Antonio seems to have lived a quite free life style under the guise of "development of the camera and software." This is an unconfirmed Ohio neighborhood perspective. But since JA no longer speaks to neighbors or family outside of the "headquarter's house," this perspective seems to be the most logical beginning part of the answer to "What happened to the $100,000,000?"
These examples are a long way from the questioned amount; however, who knows what is going on in that house.