I certainly DO think Phil was disappointed when they issued themselves 12MM shares of the new company into which he had just put his own company that he had managed well over the last few years, and then they ran off with all their money leaving IPVO high and dry and diluted.
Why he hasn't hired a CFO? - Limiting expenses and waiting for the appropriate time - which I do believe is NOW, not 2 months or 8 months down the road.
We NEED A CFO, WE SHAREHOLDERS WANT A CFO!!!!!
I think the majority of the posters I have read would agree that we want CFO? Correct me if I am off-base here.
Charleo, I believe replacements are on the way. Let's see how long they take. If it takes more than one month to get at least one new board member, than I will agree you are correct that PV still is in no hurry to get help running the company. If it takes more than 3 months to get a CFO, I will agree with you that this is an issue of some concern that PV is ignoring for some of us shareholders. (unless, of course, I hear a bunch of other shareholders saying they do not care to have a CFO and posting valid reasons as to why we don't need one.)
I think Innoprise was a good idea at first review. It will take quite a bit of time to look into it more thoroughly before I would be able to defend it totally, because, as I posted before, it does kind of sound suspicious, but it may be fully legit. I also can see many of the reasons that PV did it, and they do not look scandalous on the surface. So, yes, that is my assesssment at this point in time. I intend to look much more thoroughly into what percentage of Innorprise Fund Augustine holds because I have not seen anything yet that shows that Augustine is involved. THEN, and only then can I get a clearer picture of where PV was going with Augustine and the DFTS deal.
Again, it will take me some time because I do have a life to attend to. One step at a time and I have still not exhausted my investigation into how all the monies/shares were distributed in the original IPVC/VTI deal.
