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GoGettum24

09/18/17 2:53 PM

#78974 RE: $$$MADE #78972

They didn't win 300k.

900k was taken out of the company's bank account by Weitzel.

The company sued.

They had some hearings, lawyers met, and the company reached this point:

The settlement was a compromise in which Evermedia received a net cash award of nearly $304,000, a confession and apology from Richard Weitzel, and the return of all shares of Evermedia stock owned by Weitzel and Waldroop. In exchange, Evermedia agreed to drop the civil lawsuit against both defendants and relinquish a sum of $76,000 as well as issue mutual releases.

Which means that the company lost 600k, all that time, and the former STS management team and only managed to recoup 1/3 of the money that was taken.