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Gold Seeker

08/10/15 2:13 PM

#29706 RE: jimtash #29702

Jim, You are confused about the lawsuit. Radient was being sued and Mac was being sued. Radient was insured and the insurance company negotiated a settlement because the case was hopeless. Mac paid for his personal lawyers out of the employee stock fund which contained 10% of the total stock ( 500 million remaining shares).

After the narrow escape from being personally sued, Mac just wanted out and gave the entire company to the hands of the Aussies.