Saturday, July 16, 2011 5:17:37 PM
Bongiovanni= A to Z Consulting- Fee in EXPH's case- $150K
Mr. Bongiovanni is not a "predator"...he is very intelligent and knows the game frontward to back.
Mr. Bongiovanni = co-founder of Gaurdian Registrar and Transfer.
Nice and NEAT so far...right? Having a "FRIENDLY T/A" on your side is worth it's weight in GOLD.
To paint JD and his sidekick Glenn as being Naive to all of this is wishful thinking and way off base. JD knew what he was getting then...and knows the game well.
JD and Glenn were on the hook for much of D&D Displays' early debt(Pre-going public).....how on earth could a couple of good-ole boys get out from underneath a failing business venture...simple....talk to the right people ...R/M into a shell...the right people provide the contacts and behind the scenes placements....tell forward looking stories through PR's .. lie if you have to...enlist enablers...enablers help with the excuses...by this I mean the following:
Once it becomes clear to the shareholder base that revenue projections won't be met...once it becomes clear to the shareholder base that product launches, acquisitions and the like which were PR'd are dead on arrival....well...a CEO tends to get a bit tight-lipped....this allows the enlisted enablers an opening to explain everything away without the CEO hanging himself out to dry...AT LEAST that's the theory....it can backfire though.....that is where what you call.."old information"
comes in handy...it is part of the Historical record...and serves a valuable purpose once the wheels of justice get turning. What you refer to as "old information" has sunk many a scamming CEO.
Jerry, IMO, will not and SHOULD not share details on this venue..
he is handling it properly IMO. There will be a time and place for the DETAILS....but IMO ..the time is quickly going to be upon us....the place?? I think you know the answer to that one.
But hey...you boast of having incredible DD skills....so...you should know what it is he is alluding to....I do. And Jerry is quite capable of forming an educated opinion and rendering a judgment based on FACTS he has uncovered...after all...Jerry did state:
IMO....Private in this case means...not for public consumption just yet....IMO...Jerry has not undertaken his undertaking alone.....UH-OH
Pink Sheets...where failing private companies come to die.
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