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Re: believethat post# 55398

Wednesday, 02/15/2012 11:15:37 AM

Wednesday, February 15, 2012 11:15:37 AM

Post# of 60937
I am not saying that your perception is right or wrong. I am saying that there was A LOT of information presented in court about how Dave tried to have a meeting and his efforts and ideas were continually shot down. Recall that the judge complimented Dave for a loophole in the SEC law that would allow us to have a meeting and that the officers of the company and the companies own legal counsel did not take him seriously. What is true is that a meeting required money and there was no money available. The records were in complete disarray and didn't even contain all the information required to properly audit the financials. There are literally dozens of situations that all factor into this one issue of having a shareholder meeting and most of them are not dependent on Dave Williams.

If I was motivated by profit because of my position, I would have cashed out a long time ago. I believed in this patent and in its value. I wanted to believe in the leadership and the company. The more I interacted with everyone, the more convinced I became that the differences could not be reconciled.

I personally offered to serve on many different occasions to assist in this process and help in preventing the company from reaching the point it did in trial. I was not permitted to do so because management PREFERRED to see this resolved in court. They were overly confident that they would win.

I sat in the back of the court room and saw the company destroy itself in front of a judge who clearly had no patience for nonsense.

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