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Re: badboynews post# 5805

Tuesday, 07/10/2012 9:59:22 AM

Tuesday, July 10, 2012 9:59:22 AM

Post# of 7130
To my knowledge, they've been publicly trying to get funding for two years. Apparently Glover/Larson were selling shares (over 1/2 of a BILLION) to fund the company, as they scoffed at bona fide funding offers that would have held them accountable for their use of proceeds. So once they sold their shares to the investing public, they pocketed the proceeds instead of reinvesting the money back into FLRE.

Classic Stan Larson.