If you are correct than shareholder may not be liable for damages..
If you are wrong they will be liable for $811,000 according to you plus legal fees...
Sounds like a big gamble to save the few hundred dollars in stock left for shareholders.
Shareholders should recognize that they were damaged long before Jack Cujati sp? got involved in the company, and certainly nothing to do with Shaun Irvine.
Why did shareholders not sue the company when the wasted $20Million in assets???
Rather than complain about Jack who apparently according to you earlier posted reduced the deficit by $1Million in his first year and Shaun who brought in an asset and was getting the company current that Jack apparently could not - I am sure due to lack of funding...
Rather than suing why don't these shareholders offer to invest monies in the company that they believe in?
A company like this would probably cost about $50,000 to $125,000 to get current....this seems to be a seemingly nominal amount to shareholders complaining on here about the company....
Break out the checkbook and save the company! If you don't want to write the check then these shareholders should quit complaining about the ones that seem to be actually trying to do something productive about it...
News 
Market Data 
Discover 
