For downsideup: I have been an investor for 2 years. I bought the stock on the merits of the patents. I don't know much about the present or past management. Can you answer my questions to give me a little clarity on the present situation. I have tried going back in the messages to get updated but that has not worked. It seems that this story is so intertwined that it is impossible to put it back together. I know I am not the only one without knowledge of past and how it is tied to the present. The answer to my questions may give some shareholders an insight they don't have now. As a new person to the blog, all I hear is the word fraud. If there is fraud, why is it allowed to go on?
My questions are:
You say the 2008 agreement with Daic was a scam? How is that? Didn't Daic agree to NOT have any ownership of the Asnap patent?
The Baxter Patents was a scam, how is that?
Who hired Turinni? Who appointed him CEO? Who hired Pierce?
Who made them directors? Was there Ever a vote for directors?
How did Turinni steal $3MM from the company?
Does Daic have any claim to the Asnap patent? If so, why?
Do we now have a fifth board member?
Has anybody asked Williams for an explanation about what is happening? He should be allowed to voice his situation.
Has anybody asked Williams if he has gone through the financials and discovered fraud? or theft?
How are Turinni, Pierce, and Daic connected? If this is more than heresay, why hasn't there been a class action suit against the people running this company regarding theft and fraud. Or criminal charges made?
I know there are a lot of questions, but it is the only way I can catch up on the workings of this company. I believe other shareholders are in the dark as much as I am. And I believe that there are numberous shareholders that wonder why the fraud and theft is allowed to continue.
AI
