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Sunday, November 24, 2013 2:16:07 PM
Looks like FF may have secured voting control from CEO & CIO. If they did, then Paul is done for sure and Mark could easily do the CEO & CIO job for now and we could save 15k a month on Paul's salary alone which would make CFP even more of a reality.
10Q
The Amended Notes and New Note are secured by a blanket lien on substantially all of the Company’s assets pursuant to the terms of security agreements executed by the Company and its subsidiaries in favor of the Fund.
In addition, the Company’s chief executive officer and chief information officer pledged their combined voting control of the Company pursuant to a stock pledge agreement executed by the two officers in favor of the Fund, to further secure the Company’s obligations under the Amended Notes.
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