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John Kent

05/01/16 10:20 AM

#24360 RE: ANIA77 #24359

By my estimates if 2 mill went to settle tca you have to factor in attorney fees which the requested and Asif attorney fees then basically that eats in to majority of the 3.9. Now if other lines of credit were paid then basically notes were not touched which explains the last 3 months. Now factor in the low pps and the fact that the are getting shares at .0002 .0003 range and the discounts trust me with no one buying now that 3 billion AS will be close to max.

If you go back to my complaints in January I said once Asif got the sba loan and the money was disbursed to him nothing stops him from. Using that money as he pleases. So basically the thing that kills shareholder value toxic notes was barely touched that should have been the first ones to be payed off.

We are all in deep chit here.
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John Kent

05/01/16 10:43 AM

#24363 RE: ANIA77 #24359

Also how come an 8k was not filed given the settlement? Shareholders deserve to know the details and what was paid to them. I am pretty sure they got attorney fees given tca history. They have wrecked plenty of otc companies
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crossrip

05/01/16 6:04 PM

#24378 RE: ANIA77 #24359

FINALLY...AN INFORMATIVE SUMMARY...THANX