New email received regarding Peterson's deal with IVTI
Feel free to confirm this information.
From: D Williams [virtualschooladvisor@gmail.com]
Sent: Friday, July 26, 2013 12:04 PM
To:
Subject: Re: Question about this press release and document
Hi:
It was a bogus press release because it was never to be released as the agreement was not fully executed. He used our board member, Jeb Bush, Jr.'s name without permission as he must approve anything that we use his name on, must be approved by him. The terms were not at all what they were stated, as it was not an acquisition and merger, he was supposed to be investing for 20% only and none of the proprietary technology was owned by him.
Also, because there was no evidence that this company and/or organization - The Liberia Institute for Global Studies (also known as LINGS) is a $750 million project to construct the first green campus in West Africa - ever existed as we tried to get him to verify and he was never able to do that.
Yes, I met Mr. Peterson several times, as well as had many phone conversations with him. Always the same story, the funds were not available, they were coming. The date was pushed back multiple times, despite him stating that he would have the funds within 30-45 days or the funds were coming at the end of the week. We became very weary of his ability to demonstrate that he was an accredited investor and that the funds and the deal would ever close.
He had BIG stories to tell about UN this and UN that but nothing ever to back it up. The conflict of interest he is stating is because we cancelled the deal as we had others interested in investing and we could not move forward. All due diligence documents requested were submitted, however, nothing ever came of it, it was all a ploy, in our eyes, to boost the stock by making the false claims that were asserted in that and another press release that came to our attention. At that point, it became very unpleasant to continue to work with him, as he felt that we were attacking his character and unfairly judging him, which we were. He was compromising our business and our ability to move forward with an accredited investor.
I hope that helps.
Dana
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