Saturday, February 25, 2012 5:34:19 PM
JD sold the building and land which resulted in the rent factor soaring from roughly 5K per month to over $16K per month.
JD created a new entity at this time in history- Wilkes Holdings.
This at a time when the company was bleeding red ink.
JD..via Wilkes holdings claimed $150K+ in rental income.
Scott Nafe- Expo/D&D displays LANDLORD is still owed $151K.
Does **ANYONE** find such behavior honorable?
Does **ANYONE** find this to be an example of a CEO having shareholder's best interests in mind?
Or perhaps would such Behavior be a prime example of illegal conveyance of shareholder assets?
And finally..... should this behavior be defended via **DEFLECTION**? TIA
Pink Sheets...where failing private companies come to die.
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM