News Focus
News Focus
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Seminole Red

03/23/06 1:50 PM

#234186 RE: HansenC #234181

lmaoooo....do tell...its getting deep in here....
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lobogotti

03/23/06 1:50 PM

#234187 RE: HansenC #234181

One thing is for sure, if there is a payout to Frank and Co., then the shareholders must be compensated as well.

That could lead to serious trouble if it is not handle that way.
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Charlie48

03/23/06 1:58 PM

#234204 RE: HansenC #234181

lol Hansen- finally frank gets some of his own medicine and gets stiffed-- how much do you think he, Rene etc squirreled away in the last 3 years, though, by dumping stock hands over fist that should have gone to the network? --I'd bet at least 40- 50 million bucks-
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esteban99

03/23/06 2:11 PM

#234229 RE: HansenC #234181

How the heck would you know all this?

"Specifically, Fan signed an agreement to take over the company and produce funding on a schedule. He promised to bring in close to 80 mil in funding from his asian contacts. Frank, Rene and Gary were offered 4 mil each to sign over the company. Carol H. encouraged the deal to go through because she wanted her President title. Carol threatened to have the carriers turn off the signal if she did not get her position and Frank Olsen not step down. Frank signed the deal and the board stepped down - hoping to get their payouts. Fan has not produced anything. It is a fact. That is why you have not heard from him. This is all a mirage. I am sure that Carol is devastated. Frank, Rene and Gary have not received a penny yet and many of the current talent have still not been paid.

There is more to the story... another side that not many know about. "
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ltesprit

03/23/06 8:48 PM

#234604 RE: HansenC #234181

It's a shame if Olsen and Schenk receive a dime after all the lies and damage done.