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Post# of 82680
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mzurosky

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mzurosky

Re: xlr-v post# 82389

Friday, 06/07/2013 9:30:42 AM

Friday, June 07, 2013 9:30:42 AM

Post# of 82680
Did Evan provide actual cash of his or was it a loan from one of his other enterprises??? IMO... those shares purchased were financed with the cash from a loan from another company of his. It is now written off as bad debt and can be used as a business deduction. He used the 350M shares to ensure that a private investor (or all of us collectively) didn't accumulate a large enough position to have voting rights on what the company did... basically going private and us having no say!

Just my thoughts...


-Matt
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