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Re: downsideup post# 43965

Wednesday, 05/11/2011 2:55:15 PM

Wednesday, May 11, 2011 2:55:15 PM

Post# of 60938
"DSU, I agree (sigh)... [another blast from the past from Dave]

...with the exception that maybe this is not a NEW problem and some 'splainin' is already in order. Topic list:
.....1) Acacia deal turned down BY DAIC
.....2) Turrini major investor #1 Turned away by DeWine
.....3) Turrini major investor #2 turned away by Daic
.....4) (lack of) Increase in authorized shares by Pattin
.....5) Attorney selection "process" by Daic
.....6) No elections/meetings by Pattin
.....7) withheld/embellished disclosures by Pattin
.....8) No 10K, 10Q filings by Pattin
.....9) Ignoring of proper Governance by Daic/Pattin
....10) Bogus and self-serving agreements among parties.
....11) 14a Baxter statement by Pattin/Loev
....12) Pattin's "disinformation" (specially re: Turrini for self serving purposes.)
....13) Constant breaches of fiduciary duty
....14) Improper interference by Daic as previously agreed by DeWine/Pattin.
....15) Daic agreement never ratified by shareholders after negotiated and agreed to and signed by Carlos and cronies.
....16) Kicking Turrini out of Houston office and canceling his phone by Pattin late Sept.'08

More when I have more than a minute to think about it."

As I recall, the Turrini allegations were proven to be false, a fabrication of Pattin and Diac. Turrini was trying to bring in money from any source to allow the company to pay the notes owed to Diac and Diac/Pattin continually interfered as part of a plan to bilk the company of what little money it got from the Carlos buyout and then steal the patent.
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