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Matthew Berg

07/13/14 2:02 PM

#82058 RE: joerich #82055

66% at minimum in the last 12 months, probably less time than that. And then we don't know the terms of the preferred and it appears they've done a bunch of private placements we know nothing about. Just read some the EDGAR filings from 2008 to p[resent. It's astonishing. They are redefining toxic financing which tells me the only thing they care about is how long they can keep writing themselves paychecks. The funny thing is that not a single part of this family venture has any experience or track history in the industry and absolutely no experience in executive management or consumer product distribution and sales. Dan Senters is a total mystery and seems to have no history whatsoever. For all I know he could have been a bartender before LaVecke and we don't even know how long he was there. Present well but with no history it's hard to make a call. I do give him credit for appearing to cringe and squirm with each and every word coming out of Magrit's mouth during the MoneyTV stuff. I know I would have! That fake laugh, the indirect information and double talk about nothing solid or confirmable... not going to let the cat out of the bag? Paaalease. She's a train wreck as far as a CEO goes. The only thing I can see her doing is showing one bedroom efficiencies to out of work actors in Reseda. :-)