What paychecks. The Feds could have his tax records and should be able to show there were no employees.
Just like Sandy winick and all his phony companies and multitudes of employees, NONE of them existed. The 50 number came from the principal himself, with no possible way to verify. Ever. It's all lies of a one man con job with a few cronies and wife in on the criminal enterprise.And if someone claims a corporate fact, it is a long shareholder or paid promoter.
One plausible reason the principal isn't sitting in prison right now is because he kept the stories vague enough and kept his dilution and stock stealing under the radar from the bigger public. One should notice that there was not on single example of a national or regional advertisement anywhere on any true network or venue, unlike spongetech and blackoutmedia, which both used large advertising venues and even sports organizations. They made themselves visible to the public at large, the NON TRADING public.
Get it?
nanosux had always been careful never to be seen by the outside world who wasn't buying stock. Think about that. If you had a real product, bigger than netflix, wouldn't you be advertising on NBC, CBS or Espn or ANYWHERE other than stock boards and internet stupid twitting social networks.
The principal is a small time crook, a weasel. I seriously doubt he has the intelligence to actually succeed at bigger crimes. He apparently had help hiding his ill gotten gains off shore years ago, even Jeffy mentions that early on.
If the principal had any brains at all to succeed, it's that he succeeded to remain small potatoes and almost not worth going after.
The fact that the principal uses serial foreclosure as a normal financial plan and non payment of contracts as normal business just proves to me the principal has embraced operating on the dark side as his way of life and is apparently content with that. And maybe even proud.
Although I don't believe the principal has the capacity to truly invent anything original, I have to give him credit for playing the scamming game for so long.
What blows my mind is thinking that even one person thinks its okay for a ceo of his company to create 5 billion shares out of thin air and then give himself and cronies 4.5 billion of the shares. What, to stop a takeover of a mailbox? And this is okay with promoters? The principal of nanosux always knew his market and marks, and it wasn't media streaming.