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Re: Toxic Avenger post# 1436

Wednesday, 05/08/2013 10:19:47 PM

Wednesday, May 08, 2013 10:19:47 PM

Post# of 2065
Repo-man cometh!!!

Let's look at the facts:

1. According to a piece by Beverage Insights....there are NO employees. Only Salaman exists.

2. Based on the PR, Trim is exercising a repo of the trademarks and the maneuver to restructure is a joke. If you read the June 2012 releases, Trim already "owns" the IP according to the 8-k's. The Chap 11 isn't going to stop the repo and if a white knight existed....it would have already taken over the company. What idiot would invest in a company that doesn't have the rights to it's own IP? That probably explains why they haven't gotten financing since Trim pulled the plug.

3. I looked up the address of the company listed in the bankruptcy notice. It's a residential address and it happens to be the CEO's residence. I found that out by searching the court records for Salaman and found a couple which listed his home address which I looked up via Zillow. BTW....its for sale! Here is the link. http://www.zillow.com/homes/825-lafeyette-rd-bryn-mawr-pa_rb/

4. I have to believe that the factor is going to terminate the agreement given the risk. I haven't gotten around to searching the 8-k's to see if the terms of the factor are listed. I also have to think that all the distributors will pull the plug on distribution.

So, I agree with Kezzz...the only interests being served are Salaman's.

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