he is a very nice CONCERNED, older gentlemen who is very much aware of the situation between Alonzo and the lenders and wants to see it resolved ASAP!
I don't know if Lou's plan to Answer or not. He has "tweeted" he will. When Alonzo told me about the lawsuit he said an agreement had been in place with lenders since April, except for one lone hold out. According to the complaint they were negotiating last month, and we still don't see a Designation for a new class of Preferred shares filed with NV.
Do you know if Wayne has read the complaint?
Do you know if he was told a deal was in place for the debt?
My only real question for them is what is their involvement, if any, beyond the $961K investment.
Just what would you have to report? Are you an ISBG insider? Do you know the detailed financial status of the company? We sure don't because the audit isn't out. So just what is this older gentleman concerned about? What situation with what lenders? Is ISBG in default of any loans? If so prove it.