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rickn23

05/28/17 11:55 PM

#32801 RE: firehorse #32800

I think there is a good case for breach of fiduciary duty. (edit) Not just for the way this acquisition was handled, there are a few other things, I think I found in the last few days.

A case could be made for mis-management. I doubt anyone thought the POWer concerts would make the company money. It looks like POW! footed the entire bill for that fiasco, even though another party was supposed to pay half. POW! didn't seem to try too hard to recover the money.

I also think there is a great case for Stan making false or misleading statements. I could go back and count the num,ber of times he said we should be seeing a project "soon", "next year", "in two years", etc. He did this a lot, with various projects. The latest was "just starting work on the Annihilator", "Annihilator....- just started filming".