who are you expecting to believe this bullshit "... Tim's hell box until he decides he has enough funds for retirement and his villa in the bahamas..."
if the company is paying off debts and notes through dilution, money is not going to Tim and Chris pockets!
It's going towards debt holders. Unless Tim and Chris are the note holders supplying the company with cash. but we already know that this is not the case.
They would never do it without Chris cuz Chris is their main client. If true, that is a real master scam from the begining. In my country someone would already be knocking on their door, just to clarify all that staff. Someone who use to live near their office could visit them.
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