But understand this. If these allegations about Cousens are indeed true, (if he is indeed responsible for a very big list of shameless lies), the company could hold liability for his actions as Cousens was/is an affiliate of the company who was raising funds, taking notes from the company in exchange for cash and potentially advising the company on these matters. For Vanis or Powers to deny knowledge of how Cousens was blowing out of his shares to get additional notes will not fly with the SEC. Raising funding for the company is not the issue here but that incredible lies were told month after month to drive the share price just to dump shares.
Why would a legitimate company allow an affiliate to engage in this type of activity? Are they unable to raise capital without telling lies?
In God We Trust. All Others Must Pay Cash.