Replies to post #233886 on Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[ltesprit]

I think you're exactly right. And what made it worse was that he was using the stock to fund operations, so his lying became a vicious cycle. He dug his hole deeper and deeper.

And that is why the SEC is going to hammer him: they can prove he had a clear incentive to mislead shareholders.

What a farce of a CEO he was.

[rationalreaper]

Matt,I think if Frank ran things ethically and honestly,QTN would have blasted for the moon.But was all him getting over on everyone and people saw that and withdrew support.
We kept telling Frank about the importance of integrity and honesty.He just couldn't grasp that concept.