Replies to post #73137 on QED Connect Inc (QEDN)

[kex0414]

I understand the language dilemma.* My suggestion would be to email her with a few direct questions requiring a "yes" or "no". No wiggle room.
If L doesn't accept anything less than the full award will you file?
Why should L accept anything less than the full award?
Is there a time limit placed on the negotiations?
Is the Court aware of the negotiations?
Did the Court approve the negotiations?
Did the Court order negotiations?
Do you report progress (or lack of progress) to the Court?
Are the negotiations being conducted with a mediator or 3rd person go-between ?
Do you have evidence that negotiations are actually being conducted?
Are you and L doing face to face talks? telephone? written?
Is each of you negotiating directly or with reps?
Why should L accept anything less than the Court award?
Do you know the consequences of failing to comply with Court Order?
there are many other direct questions that can be answered yes or no; these are just off the top of my head.
Shareholders deserve answers. They are not getting answers.

On a personal note; I think L should just force Bankruptcy. I see no greater downside than letting her waste time. He has a Court Order; enforce it.

* part of the language dilemma, I believe, is self inflicted.

[Greed Kills]

[I]f we can resolve the issue with Latucca then we will not have to file for bankruptcy. Since noone believes that Latucca is going to accept anything other than full court awarded payment, then the likelihood of Kate being able to resolve the issue is certainly not very good. Never the less she told me negotiations were going well, but then again she told me everything was going well with Amazon.

Why would you think Lattuca would not accept a substantial but reasonable payment to satisfy the award? His judgments exceed $500k but don't you think he would take $400k if it was offered. If he would take $400k wouldn't he probably take $350k. I doubt he would take $50k but I also doubt he would reject a $400k offer.

Has QEDN offered any money to pay Lattuca? Since Kate informed you that QEDN is filing bankruptcy unless it can settle with Lattuca it seems important to know if QEDN is making reasonable settlement offers.