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I called Goodspeeeeed and talked to him since

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bb72mo   Thursday, 02/23/12 04:55:13 PM
Re: sta loose post# 3179
Post # of 5064 
I called Goodspeeeeed and talked to him since he is most mentioned name on iHub in last few days. Told him I may make new board called Brad GOODSPEED. Lol

This is what he emailed me just few minutes ago!


Thanks for the call. I would like to take some time to clarify a few misguided or incorrect statements.

1 Few shareholders call the company. The ones that do, I have their name, address, phone number and email addresses. I do not take the time to talk to them. unless they identify themselves and I can confirm it.

I have no obligation to talk to anyone with an agenda and wanting to spin or otherwise twist what I , Tim or Fred might have to say.

2. I am not sure why a few posters seem to have rabies when it comes to me. If they are unhappy with the job I do, have them step forward and run the thing. I surely have enough opportunities in my life than work for free and make people unhappy.

3. Your poster could be a lawyer, most can not pour piss out of a boot if you put the instructions on the heal. They abuse the system and process to attempt to steal peoples assets under the color of law. Not all of them, but some are snakes. The great thing is, in the end, they get what they deserve.

4. This person is pretty clueless or simply has no interest in the truth relative to several factual areas.

A to bring our filings current for the OTCBB, we need to file missing quarterly, write a narrative portion for each quarter and have SEC lawyer review. While their has been allot less activity ( no employees, no shop, no travel expenses, no employee health care, ) basically a real lean company. We still need to have the CPA prepare and the "auditor" review for each quarter and these are separate people. While the activity is allot less, still have to produce financial, have it reviewed , put into filing and then have lawyer look at it.

B. The lawyer expense is actually the smallest. You have 26 quarters to file to get back to fully reporting OTCBB, but in the meantime, you are a pink sheet that is trading.

C. I have gathered all the missing financial data through 2/11 and it is pretty inert and boring, but still have to be properly filed. Even if you get it don for 1500 a quarter, it is 40,000.

D. If I get done for that piddly amount or less, seems to me I am acting in the shareholders best interest. Perhaps this looser wants to come and show me how it is done. I wil have a jar of Viagra here for him, you know what he is made of or not.

E. The other thing I am told I need to do is have a current shareholder meeting. This runs about 4500-5500 to put on. I was hopeful that the progress on vessel sales would be further along. I am prepared to discuss at a shareholder meeting, the other 2 dozen opportunities I have worked on from wind farms, solar farms, composite sports gear (very cool) to high tech concrete that provides a state of the art barrier for industrial uses that would blow your mind.

F. So if Mr. Limpo wants to contact me he can. He better loose the "blame Brad" mantra he loves to do. It has not worked out so well in my personal battle over here, the crap is about to hit the fan and someone's life is about become very complicated.

G. I only took a direct active role in the company about 3 years after the management walked in 2005. Radix entered into a finance agreement with LaJolla. It had a floor in the agreement that the company could have survived with. When this was modified at the direction of one of the "consultants" in Bremerton, this floor was removed unknown to me and allowed the death spiral. I then negotiated in Judges Chambers in Southern District of California Federal Court several times to come up with a settlement agreement that was good for the company, guarantors, and more important, the shareholders.

H. The company has limited resources without diluting the shareholders. It seems to me the best thing to do is find "real opportunities" before plowing these resources into it. We have no interest in being someone's life style sugar daddy or otherwise.

I. We have no interest in screwing the shareholders by a reverse split. We have had several people approach us with "grand ideas" that wanted to do exactly that. Shareholders bought into this company and we fully intend to deliver them value.

I hope this helps clarify the churning of agenda driven misinformation.

Brad Goodspeed and I approve this message.

You only have to do a very few things right in your life so long as you don't do too many things wrong.
W. Buffett
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