That's not what I read! NY Web Crims says $150,000 CASH BAIL. A bond is an insurance policy that's purchased at a fraction of the bail amount (like 10% or so). CASH BAIL is just that. . . 100% CASH money.
Under the circumstances, one can't help but wonder if the $150K CASH was in some form supplied by the "generous" LYJN shareholders.
I have lot of stocks of Lyric and I never got any board meeting invite. It was stupid of her to do whatever she did, if not her stocks would have made her a multi millionaire. She has to buy the stocks out before she can take the company private, especially when accused of fraud involving money! and she definitely cannot be the owner in anyway. Mostly I thinks she did all this private to avoid getting sued and made it an LLC but what happens to stock is the question. Is there anything we shareholders can do to reverse the private company to public company again ?
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