Monday, November 07, 2011 9:06:40 PM
I sent an email to him before watching my LSU Tigers beat Bama.
LOL..... Had to throw that in .....LOL
From CEO Matthews.........
Thank you for taking the time to email me, Mikal, and I will answer this question as promptly and honestly as I have the previous questions from our shareholders. The gossip and unfounded rumors surrounding cMoney are definitely not news to me. cMoney is a start-up company as you know, and has unfortunately endured an onslaught of attacks by critics and most likely won’t diminish until our company is "proven" to all the skeptics out there.
I have not seen the T.V. report on Click 2 Houston; however I received feedback about the slanderous attacks the media had made on Jennifer Pharris and her father. I became involved with cMoney over 3.5 years ago and as a result; I willingly accepted the CEO position back in January this year. Jennifer’s father has nothing to do with the day to day operations of cMoney, so hearing his name referenced with cMoney in the same sentence, is completely untrue. I have made sure that our shareholders are kept informed and it would have been very easy for the media to have done their homework before they released their very biased and misreported story as it may further impact the integrity of a fantastic solution that I believe in tremendously.
Although the media did note that Jennifer Pharris was NOT under any criminal investigation and there was NO wrong doing on her part, she feels she’s being treated unfairly because of her father’s past legal accusations, which were peacefully resolved several years ago. Yes, cMoney had been investigated by the SEC in the past - this was incited by a disgruntled employee who was previously terminated; this placed an unfair burden to our shareholders. Even though the SEC quickly dismissed any allegations against cMoney, our share price suffered as a result. Yes, we will continue to prepare our Form S-1 to lodge to the SEC.
I know I can trust that as an honorable cMoney shareholder, who will trust in me as your CEO, I will continue to work aggressively to protect the interest of your shares and also ensure that the cMoney solution will be launched regardless of all the setbacks we may experience.
With all that said, please disregard any past or future attacks from the media or other critics and let me reassure you that we are working very hard to protect your interest.
Thanks again for contacting me first and please post this wherever you see a benefit.
Regards
Paul Matthews
Chief Executive Officer
cMoney Inc.
P. O. Box 572022
Houston, Texas 77257
Office : (713) 589 5393 x105
Fax : (866) 470-3823
Website: www.cmoney.com
From: MIKAL
Sent: Saturday, 5 November 2011 3:33 PM
To: pmatthews@cmoney.com
Subject: CMEY Recent News Article
Hi,
I am a CMEY investor and am excited about the future here. However, I would like clarification in regards to the news story posted by click2houston.com regarding cMoney. I would like to post your response on the investorshub.com CMEY message board if you do not oppose, to let others know the TRUE story here. As we all know, allegations and investigations tend to get weak hands frazzled. Looking forward to a great PR really soon.
Below is a link to the article in question.
http://www.click2houston.com/news/29675993/detail.html
Also, can you also gauge the progress of filing the S-1A?
Thanks, and I look forward to your reply.
Thanks again,
MIKAL
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