News Focus
News Focus
Followers 311
Posts 78101
Boards Moderated 4
Alias Born 02/16/2008

Re: Anvil post# 7054

Wednesday, 03/27/2013 10:13:35 AM

Wednesday, March 27, 2013 10:13:35 AM

Post# of 18231
What ever happen to Ed Cross ?

He was very important fiure to Minesseker at one time from what I recall.

Tom, while I am trying to get clarification, any truth to the matter that the shares subject to the Q option, were MK's personal shares and that when the option agreement terminated, due to Q not making full payment, the $1.7MM Q paid toward the option, became personal income of MK, resulting in a large tax payment.

EDIT: And hence, MK's attempt to classify the $1.7MM as a loan rather than a payment toward an option, as well as, to restructure the agreement with Jeff, that the shares were MS treasury shares vs. MK's personal shares.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y