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linkvest

06/27/18 9:01 PM

#11512 RE: LTDCInvestor #11511

That is about the same amount that was owed to creditors... Shareholders are going to get screwed on this one buddy.... It's been 7 months ago... Hmmmm

linkvest

06/27/18 9:04 PM

#11513 RE: LTDCInvestor #11511

I believe the last court filing shows both party is going separate ways and paying each's own attorney fees as stated here:

https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=xlwJYFQp5L6ZJqu4xK43dg==&system=prod

TRUMPSTER!

06/28/18 12:25 AM

#11516 RE: LTDCInvestor #11511

Thanks for correcting our new found investor. So far we've received 2.2 million plus whatever fund.com was sold for. Now, as far as I understand they're looking into how many shares Galanis owns. He would forfeit all of his shares to the distribution which would be huge. So for example if out of the 867,000 outstanding shares if Galanis owned say 250,000 shares we would only have to distribute x amount of dollars to approximately 600,000 shares. The figure could be more or less but this would be huge if Galanis owned a good portion of shares.